Exchange Rate Misalignment and Growth: A Myth?

Released on by Carlos Goncalves
preview-18

  • Exchange Rate Misalignment and Growth: A Myth? Book Detail

  • Author : Carlos Goncalves
  • Release Date : 2017-12-21
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 15
  • ISBN 13 : 148433602X
  • File Size : 42,42 MB
DOWNLOAD BOOK

Exchange Rate Misalignment and Growth: A Myth? by Carlos Goncalves PDF Summary

Book Description: 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 suggesting that the association between exchange rate misalignment and growth for a broad panel of countries is very weak. Controlling for country fixed effects, time effects and initial GDP, a more depreciated currency is associated with higher growth if one does not exclude outliers. However, this positive association always vanishes after controling for the savings rate. Importantly, this applies for both a large panel of countries and for the emerging economies subsample.

Disclaimer: www.yourbookbest.com does not own Exchange Rate Misalignment and Growth: A Myth? books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Thirlwall's Law at 40

Thirlwall's Law at 40

File Size : 26,26 MB
Total View : 3775 Views
DOWNLOAD

2019 marked the 40th anniversary of the publication of Anthony P. Thirlwall’s classic paper that laid out what became known as Thirlwall’s law. This article

The US-China Trade Dispute

The US-China Trade Dispute

File Size : 60,60 MB
Total View : 1984 Views
DOWNLOAD

'Imad Moosa reminds us that there are at least two sides to a relationship – including those in trade – and that failure of a relationship is rarely due to

Capital Account Liberation

Capital Account Liberation

File Size : 82,82 MB
Total View : 2097 Views
DOWNLOAD

Along with the development of economic globalization, many countries have begun to relax their controls on their capital accounts. However, the recent financial