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Effects of Fiscal Contractions: The Importance of Preceding Exchange Rate Movements

✍ Scribed by Göran Hjelm

Book ID
108535600
Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
124 KB
Volume
104
Category
Article
ISSN
0347-0520

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This study examines the effects of direct and indirect economic currency exposure on a group of publicly-listed, non-financial UK firms. Information was obtained from the companies at two points in time, during a period of sterling depreciation and then one of appreciation, and the results compared.