What exactly is the J-Curve? Prof. Magee developed the J-Curve in 1973 in response to the exchange rate, depreciation or devaluation and changes in the trade balance, which according to economists lead to current account deficit and subsequently to current account surpluses. Understanding the J-Curve would help to make the necessary adjustments to the trade balance.
ABOUT THE AUTHOR Venkata Seshaiah Sakalya
Dr. Venkata Seshaiah Sakalya holds an MA, M.Phil, Ph.D. (Econometrics) from Sri Venkateswara University, Tirupati. He is currently working as Associate Dean (Research) at Icfai Business School, Hyderabad. Prior to joining Icfai, he worked as a lecturer in the Department of Economics and Finance at BITS Pilani, Rajasthan. He was also associated with Siva Sivani Institute of Management, Hyderabad and Kirloskar Institute of Advanced Management Studies, Harihar, Karnataka. He also worked in NCAER as field investigator. He has twelve years of teaching and research experience. His research articles in the area of economics and finance were published in many reputed journals in India and abroad. He is the consulting editor for Icfai Journal of Applied Economics. His areas of interest are financial economics and development economics.
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