Pineres, Sheila Amin Gutierrez de; Cantavella-Jorda, Manuel - In: Applied Economics 42 (2010) 2, pp. 133-142
Conventional models examining the relationship between devaluation and exports are based on exchange rate pass through. These suggest that after devaluation exports become cheaper, relative to other exports, and the growing export market is posited to stimulate the economy. If devaluation has a...