Kandil, Magda; Nergiz Dincer, Nazire - In: International Journal of Development Issues 7 (2008) 2, pp. 136-159
Purpose – The paper aims to examine the effects of exchange rate fluctuations on real output, the price level, and the real value of components of aggregate demand in Egypt and Turkey. Design/methodology/approach – Building on a theoretical model that decomposes movements in the exchange...