The Effect of Devaluation on the Price Level

Egon Sohmen

The Quarterly Journal of Economics, 1958, vol. 72, issue 2, 273-283

Abstract: I. Argument that depreciation of an overvalued currency must entail a rise in the domestic price level, 273. — II. Examination of this argument, 277. — III. Differences between various restrictive policies, 281.

Date: 1958
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