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Has a J-curve been present in Argentina? : An Analysis of the Real Effective Exchange Rate and the Current Account / Has a J-curve been present in Argentina? : An Analysis of the Real Effective Exchange Rate and the Current Account

This study analyses how the real effective exchange rate affected the current account in Argentina between the years 1978 and 2006 divided into three sub-periods. Theory concerning the subject, the so called J-curve that the current account should immediately be reduced after a devaluation, thereafter recovering and in the end becoming larger than it was initially. This study has been unable find all the three stages of the J-curve, at best only the first two were found. In the first two periods – 1978 to 1990 and 1991 to 2000 – a real depreciation seemed to have an instant negative impact on the current account and then a positive trend could be seen. For the third sub-period of 2001 – 2006, there was even less evidence supporting a J-curve, although the small number of observations may be driving this results.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:hj-10677
Date January 2008
CreatorsSchönbeck, Mathilda
PublisherInternationella Handelshögskolan, Högskolan i Jönköping, IHH, Nationalekonomi
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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