Akram, Vaseem; Rath, Badri Narayan - In: Journal of Financial Economic Policy 9 (2017) 4, pp. 414-434
Purpose The purpose of the paper is to examine the impact of exchange rate misalignment on economic growth in India using annual data from 1980 to 2014. Design/methodology/approach First, misalignment is measured, which is defined as the deviations of the actual real exchange rate (RER) from its...