Related Books
Language: en
Pages: 332
Pages: 332
Type: BOOK - Published: 2008-04-15 - Publisher: University of Chicago Press
Economists writing on flexible exchange rates in the 1960s foresaw neither the magnitude nor the persistence of the changes in real exchange rates that have occ
Language: en
Pages: 638
Pages: 638
Type: BOOK - Published: 1999 - Publisher: World Bank Publications
The study cautiously identifies exchange rate misalignment as an important element in most of the exchange rate crises that plagued the developing world during
Language: en
Pages: 110
Pages: 110
Type: BOOK - Published: 1988 - Publisher: Johns Hopkins University Press
This article analyzes the theory of equilibrium real exchange rates and defines misalignment as a deviation of the real exchange rate (RER) from its equilibrium
Language: en
Pages: 15
Pages: 15
Type: BOOK - Published: 2017-12-21 - Publisher: International Monetary Fund
The impact of real exchange rate movements on GDP growth is a hotly debated issue both in policy and academic circles. In this paper, we provide evidence sugges
Language: en
Pages: 283
Pages: 283
Type: BOOK - Published: 2012 - Publisher: Peterson Institute
Experts have long questioned the effect of currency undervaluation on overall GDP growth. They have viewed the underlying basis for this policy--intervention in
