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Fiscal Devaluations

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Publication:4610656
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DOI10.1093/RESTUD/RDT036zbMATH Open1405.91434OpenAlexW4253659965MaRDI QIDQ4610656FDOQ4610656

G. Gopinath, Oleg Itskhoki, E. Farhi

Publication date: 23 January 2019

Published in: Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: http://nrs.harvard.edu/urn-3:HUL.InstRepos:12336336



zbMATH Keywords

devaluationpayroll taxVATfiscal


Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)



Cited In (6)

  • Optimal monetary policy under a global dollar standard: the effect of vertical trade and production
  • Optimal fiscal substitutes for the exchange rate in monetary unions
  • Game of thrones: accommodating monetary policies in a monetary union
  • Real wage flexibility, economic fluctuations, and exchange rate regimes
  • Banking and sovereign debt crises in a monetary union without central bank intervention
  • Fiscal devaluation scenarios: a quantitative assessment for the Italian economy






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