Are Devaluations Expansionary in Laos?
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DOI: 10.1177/0972150918803996
Abstract: This study investigates whether currency devaluation is expansionary for Laos. We combine cointegration and vector error correction method (VECM) Granger causality analysis to examine long-run and causal relationships among selected macroeconomic variables. Our results confirm… read more here.
Keywords: economic growth; devaluations expansionary; expansionary laos; devaluation ... See more keywords