Real Exchange Rate Misalignments and Growth
نویسندگان
چکیده
____________________ The research presented in this paper is work that Ofair Razin completed for his doctoral dissertation. It was a pleasure to advise him in his doctoral work and to prepare this paper for publication, in his memory.
منابع مشابه
Real Exchange Rate Misalignments: Theoretical Modeling and Empirical Evidence
The real exchange rate (RER) misalignment is a key variable in academic and policy circles. Among policy circles, sustained RER overvaluations are observed by authorities for future exchange rate adjustments. Some countries, on the other hand, have pursued very active exchange rate policies in order to undervalue their currencies to foster growth through export promotion (e.g. China). Our goal ...
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