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The Effect of Devaluation on the Price Level

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  • Egon Sohmen

Abstract

I. Argument that depreciation of an overvalued currency must entail a rise in the domestic price level, 273. — II. Examination of this argument, 277. — III. Differences between various restrictive policies, 281.

Suggested Citation

  • Egon Sohmen, 1958. "The Effect of Devaluation on the Price Level," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 72(2), pages 273-283.
    • Handle: RePEc:oup:qjecon:v:72:y:1958:i:2:p:273-283.
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    File URL: http://hdl.handle.net/10.2307/1880600
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    Cited by:

    1. Pavel Kadochnikov, 2006. "An Analysis of Import Substitution in Russia after the 1998 Crisis," Research Paper Series, Gaidar Institute for Economic Policy, issue 95, pages 148-148.

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