Real Exchange Rates in Emerging Economies : The Role of Different Investment Margins

We analyse the role of various investment margins in explaining the real exchange rate appreciation recorded in European transition countries. We present a model that introduces a quality investment margin and show that the margin is needed for replicating the observed pace of real exchange rate appreciation

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Year of publication:	2010
Authors:	Bruha, Jan ; Podpiera, Jirí
Publisher:	[S.l.] : SSRN
Subject:	Kaufkraftparität \| Purchasing power parity \| Schwellenländer \| Emerging economies \| Theorie \| Theory \| Investition \| Investment

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Extent:	1 Online-Ressource (30 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economics of Transition, Vol. 18, No. 3, pp. 599-628, July 2010
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014196280