The Welfare Effects of a Large Depreciation : The Case of Egypt, 2000-05
The Egyptian pound depreciated sharply between 2000 and 2005, declining by 26 percent in nominal trade-weighted terms. The author investigates the effect of the large depreciation on household welfare operating through exchange rate-induced changes...
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Format: | Policy Research Working Paper |
Language: | English |
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World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2007/04/7489948/welfare-effects-large-depreciation-case-egypt-2000-05 http://hdl.handle.net/10986/7043 |