The equilibrium real exchange rate and macroeconomic performance in developing countries

Date

2017

Authors

Schroder, Marcel

Journal Title

Journal ISSN

Volume Title

Publisher

Routledge, Taylor & Francis Group

Abstract

This article presents first estimates of the growth impact of the equilibrium real exchange rate (ERER) for a sample of 63 developing countries over 1970-2007. The results suggest that real exchange rate misalignment, not the level of the ERER, matters for macroeconomic performance in these countries.

Description

Keywords

Equilibrium real exchange rate, economic growth, developing countries

Citation

Source

Applied Economics Letters

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

DOI

10.1080/13504851.2016.1205718

Restricted until

2099-12-31