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Terms of Trade, Exchange Rates and Labor Markets Adjustment in Developing Countries

Edwards, Sebastian - 1986

This paper uses three models of a small open economy to analyze the effects of terms of trade and exchange rate changes … factors model is developed and used to investigate how an exogenous worsening of the intern.ationa1 terms of trade affect …

Persistent link: https://www.econbiz.de/10012476959

On Uniform Import Tariffs in Developing Countries

Edwards, Sebastian - 1990

contemplated a trade liberalization process that would create a low and uniform tariff structure. In this paper I review the …

Persistent link: https://www.econbiz.de/10012475686

Structural Adjustment Policies in Highly Indebted Countries

Edwards, Sebastian - 1988

that for most nations the adjustment has been highly recessive. Next, the potential role of trade reforms in securing the …

Persistent link: https://www.econbiz.de/10012476564

Openness, trade liberalization, and growth in developing countries

Edwards, Sebastian - In: Journal of economic literature 31 (1993) 3, pp. 1358-1393

Persistent link: https://www.econbiz.de/10001148218

Economic Liberalization and the Equilibrium Real Exchange rate in Developing Countries

Edwards, Sebastian - 1987

misalignment and overvaluation. The effects of terms of trade shocks on the equilibrium real exchange rate are also investigated …

Persistent link: https://www.econbiz.de/10012476891

Real Exchange Rate Variability : An Empirical Analysis of the Developing Countries Case

Edwards, Sebastian - 1986

-term real exchange rate variability; and more unstable external terms of trade also affected positively the degree of real …

Persistent link: https://www.econbiz.de/10012477144

The Pricing of Bonds and Bank Loans in International Markets : An Empirical Analysis of Developing Countries' Foreign Borrowing

Edwards, Sebastian - 1985

The purpose of this paper is to compare the pricing of bank loans and bonds in international markets. The results obtained, using data on LDC debtors, indicate that in both markets the country risk premium has responded to some of the variables suggested by the theory. However, the way in which...

Persistent link: https://www.econbiz.de/10012477391

Are Devaluations Contractionary?

Edwards, Sebastian - 1985

, terms of trade changes and devaluations on the level of real output. The results obtained, using a variance components …

Persistent link: https://www.econbiz.de/10012477404

Country Risk, Foreign Borrowing and the Social Discount Rate in an Open Developing Economy

Edwards, Sebastian - 1985

Most discussions on the social rate of discount have assumed that the economy under consideration is isolated from the rest of the world, and that there are no capital movements. This paper explicitly analyzes the determination of the social rate of discount in a small open developing economy....

Persistent link: https://www.econbiz.de/10012477429

Commodity Export Prices and the Real Exchange Rate in Developing Countries : Coffee in Colombia

Edwards, Sebastian - 1985

In this paper a model that analyzes the interaction between changes in commodity export prices, money creation …

Persistent link: https://www.econbiz.de/10012477515