Economics at your fingertips  

Retail Sales of Durable Goods, Inventories and Imports after Large Devaluations

Valery Charnavoki

No 402, 2017 Meeting Papers from Society for Economic Dynamics

Abstract: This paper presents a general equilibrium model of a small open economy with monopolistically competitive retailers, inventories and durable goods. Following large devaluations, this model generates a collapse of imports, a fall of retail sales and inventories and a gradual increase in retail prices. Besides, the model allows to explain a short-lived spike in retail sales of durable goods, observed during the recent devaluation episode in Russia in December of 2014.

Date: 2017
New Economics Papers: this item is included in nep-cis and nep-dge
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
Journal Article: Retail sales of durable goods, inventories and imports after large devaluations (2019) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in 2017 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().

Page updated 2024-01-24
Handle: RePEc:red:sed017:402