Vieira, Flavio Vilela; MacDonald, Ronald - In: Economia : revista da ANPEC 21 (2020) 1, pp. 57-72
The goal of this paper is to address the role of the real effective exchange rate (fundamentals, misalignment and … results suggest that exchange rate misalignment is relevant for current account adjustment where countries with a more … appreciated (depreciated) exchange rate face a worse (better) current account performance. Regarding the role of other control …