This paper explores how exchange rate misalignment may impact economic growth and development. Using PDOLS estimation to arrive at a measure of misalignment and employing standard growth regressions, a number of interesting results emerge. This paper finds that exchange rate misalignment has asymmetric effects. Specifically, overvaluation significantly hurts growth while undervaluation has the opposite effect (though statistically insignificant). Misalignment affects developed and developing countries differently in that developing countries are more sensitive to the growth effects of misalignment. Finally, the persistence of misalignment matters. Continuing misalignment of either variety are harmful for growth. This suggests that it is not...
The importance of exchange rate in an economy can be seen in the various policies implemented to ma...
Despite the large body of work that exists on the impact of exchange rate undervaluation on economi...
This paper investigates the link between real exchange rate misalignment and Southern African countr...
This paper explores how exchange rate misalignment may impact economic growth and development. Using...
Several studies have tried to identify the relationship between growth and misaligned or overvalued ...
Several studies have tried to identify the relationship between growth and misaligned or overvalued ...
We evaluate the growth effects of real effective exchange rate misalignments for the G20 countries o...
The aim of this article is to investigate the link between currency misalignments and economic growt...
We evaluate the growth effects of real effective exchange rate misalignments for the G20 coun-tries ...
Despite the large body of work that exists on the impact of exchange rate undervaluation on economic...
International audienceThe aim of this paper is to investigate the link between currency misalignment...
International audienceThis study deals with the link between exchange rate misalignments (ERM) and e...
This thesis analyzes the impact of exchange rates misalignment on economic growth and the transmissi...
Communication, The World Finance Conference, organized by St. John's University in New York, July 20...
This article seeks to reassess the empirical literature on real exchange rate misalignment and growt...
The importance of exchange rate in an economy can be seen in the various policies implemented to ma...
Despite the large body of work that exists on the impact of exchange rate undervaluation on economi...
This paper investigates the link between real exchange rate misalignment and Southern African countr...
This paper explores how exchange rate misalignment may impact economic growth and development. Using...
Several studies have tried to identify the relationship between growth and misaligned or overvalued ...
Several studies have tried to identify the relationship between growth and misaligned or overvalued ...
We evaluate the growth effects of real effective exchange rate misalignments for the G20 countries o...
The aim of this article is to investigate the link between currency misalignments and economic growt...
We evaluate the growth effects of real effective exchange rate misalignments for the G20 coun-tries ...
Despite the large body of work that exists on the impact of exchange rate undervaluation on economic...
International audienceThe aim of this paper is to investigate the link between currency misalignment...
International audienceThis study deals with the link between exchange rate misalignments (ERM) and e...
This thesis analyzes the impact of exchange rates misalignment on economic growth and the transmissi...
Communication, The World Finance Conference, organized by St. John's University in New York, July 20...
This article seeks to reassess the empirical literature on real exchange rate misalignment and growt...
The importance of exchange rate in an economy can be seen in the various policies implemented to ma...
Despite the large body of work that exists on the impact of exchange rate undervaluation on economi...
This paper investigates the link between real exchange rate misalignment and Southern African countr...