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Iran's Trade Balance and Dynamics of the J-Curve Mechanism in the Uncertainty Conditions

Seyyed Komail Tayebi, Mehdi Yazdani and Azad Khanzadi

Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), 2010, vol. 2, issue 3, 93-114

Abstract: Devaluation of a currency is theoretically one of economic policies in removing current account deficit. This mechanism is so-called J-Curve in the external economics. According to this approach، a decrease in the volume of a national currency leads a decrease to trade deficit. This paper addresses the question whether uncertainty conditions such as financial

Keywords: J; Curve; Iran\'s Trade Balance; Uncertainty; Exchange Crisis; Exchange Rate Unification (search for similar items in EconPapers)
Date: 2010
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