Liquitaya Briceño, José - In: Revista Nicolaita de Estudios Económicos VI (2011) 2, pp. 7-34
This paper examines the effects of the demand management policies and external shocks on the trade balance and real income in a small open economy. In addition to the Marshall-Lerner condition, it analyzes the conditions that must be met in so far that a currency devaluation may improve the...
