Devaluation, sticky import prices and trade balance adjustment

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<rdf:Description>
<dc:creator>Bacchetta, Philippe</dc:creator>
<dc:creator>Gerlach, Stefan</dc:creator>
<dc:creator>Escuela Superior de Administración y Dirección de Empresas</dc:creator>
<dc:date>1990</dc:date>
<dc:description xml:lang="es">Sumario: The devaluation of a currency is usually assumed to improve the trade balance. In the short run, however, there may be a temporary worsening in the nominal trade balance, a J-curve effect, due to a quick adjustment in import prices and a slow reaction of import quantities. Recent empirical evidence, however, shows that import prices do adjust slowly to exchange rate changes.</dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/9325.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:publisher>ESADE</dc:publisher>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Política de precios</dc:subject>
<dc:subject xml:lang="es">Gestión financiera</dc:subject>
<dc:subject xml:lang="es">Investigación comercial</dc:subject>
<dc:subject xml:lang="es">Precios</dc:subject>
<dc:subject xml:lang="es">Exportación e importación</dc:subject>
<dc:subject xml:lang="es">Comercio internacional</dc:subject>
<dc:type xml:lang="es">Books</dc:type>
<dc:title xml:lang="es">Devaluation, sticky import prices and trade balance adjustment</dc:title>
<dc:format xml:lang="es">24 p. ; 30 cm</dc:format>
<dc:relation xml:lang="es">Papers ESADE ; 40</dc:relation>
</rdf:Description>
</rdf:RDF>