NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Net Worth, Exchange Rates, and Monetary Policy: The Effects of a Devaluation in a Financially Fragile Environment

Domenico Delli Gatti, Mauro Gallegati, Bruce C. Greenwald, Joseph E. Stiglitz

NBER Working Paper No. 13244
Issued in July 2007

---- Acknowledgements -----

The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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