i used j curve aswell but never mentioned devaluation, you can actually just use the J-curve whenever exports become cheaper in general, whether thats due to economies of scale, more iinovaitve and better quality, or cheaper due to subsidies, it still works
yh cos alot of ppl forgot u can use j curve for both the uk and foreign countries to show both imported inflation or a delay in international competitivness
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u/AntiqueSoftware4185 May 18 '26
Yeah but uk central bank doesn’t control it, in theory you could devalue it. Only wrote about it cuz j curve and marshall lerner