Macroeconomy
Aart Kraay , The world Bank , 2007
![Macroeconomy](https://arabdevelopmentportal.com/sites/default/files/publication/66.the_welfare_effect_of_a_large_depreciation_the_case_of_egypt_2000-2005.jpg)
This paper investigates the effect of the large depreciation on household welfare operating through exchange rate-induced changes in consumer prices.
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