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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Bibliographic Details
Main Author: Kraay, Aart
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
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