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Research Article
Russian Journal of Economics 1(3): 217-239
https://doi.org/10.1016/j.ruje.2015.12.005 (31 Aug 2015)
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  • 1. Introduction. One year after the Russian exchange rate shock: an overall balance of short-term effects
  • 2. An analysis of the impact of devaluation on macro indicators and output: a literature review
  • 3. Income redistribution and a low propensity to invest as factors in the negative impact of devaluation on output
  • 4. The threat of a devaluation-inflation spiral and macroeconomic policy in the aftermath of a foreign exchange crisis
  • 5. On the subject of devaluation pessimism and the impact of devaluations on output
  • 6. Structural problems as a factor in the Russian devaluation of 2014 and 2015
  • 7. Conclusion
  • Acknowledgements
  • References
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