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Sustained exchange rate misalignment and economic development

Martins, Guilherme Klein; Razmi, Arslan - 2022

Employing propensity score reweighting and event-based strategies, we provide evidence that sustained real exchange rate (RER) misalignments have significant effects on economic development: positive on GDP per capita and capital stock in the case of undervaluation, and negative on the capital...

Persistent link: https://www.econbiz.de/10013467125

Sustained exchange rate misalignment and economic development

Martins, Guilherme Klein; Razmi, Arslan - 2022

Persistent link: https://www.econbiz.de/10012807582

Can Asia Sustain an Export-Led Growth Strategy in the Aftermath of the Global Crisis? An Empirical Exploration

Razmi, Arslan; Hernandez, Gonzalo - Asian Development Bank Institute, Asian Development Bank - 2011

less willing to run trade deficits in the post-financial-crisis world can this growth model be sustained? Using panel data …

Persistent link: https://www.econbiz.de/10009364809

Can Asia sustain an export-led growth strategy in the aftermath of the global crisis? Exploring a neglected aspect

Jimenez, Gonzalo Hernandez; Razmi, Arslan - In: Journal of Asian Economics 29 (2013) C, pp. 45-61

markets, may be limited. South–South trade may not be a good substitute for South–North trade. …

Persistent link: https://www.econbiz.de/10010729538

The limits to wage-led growth in a low-income economy

Razmi, Arslan - Department of Economics, University of Massachusetts-Amherst - 2015

steady state growth. A corollary, in light of findings from the "new new trade theory" literature, is that increasing South …-South trade may tend to narrow room for wage-led growth regardless of the other desirable effects of higher wages. …

Persistent link: https://www.econbiz.de/10011123715

Can Asia Sustain an Export-Led Growth Strategy in the Aftermath of the Global Crisis? An Empirical Exploration

Razmi, Arslan; Hernandez, Gonzalo - East Asian Bureau of Economic Research (EABER) - 2011

less willing to run trade deficits in the post-financial-crisis world, can this growth model be sustained? Using panel data …

Persistent link: https://www.econbiz.de/10009651624

Can Asia Sustain an Export-Led Growth Strategy in the Aftermath of the Global Crisis? An Empirical Exploration

Razmi, Arslan; Hernandez, Gonzalo - East Asian Bureau of Economic Research (EABER) - 2011

less willing to run trade deficits in the post-financial-crisis world, can this growth model be sustained? Using panel data …

Persistent link: https://www.econbiz.de/10009651632

The real exchange rate and economic development

Razmi, Arslan; Rapetti, Martin; Skott, Peter - In: Structural Change and Economic Dynamics 23 (2012) 2, pp. 151-169

balance, and two instruments are needed in order to achieve targets for both the growth rate and the trade balance. The real …

Persistent link: https://www.econbiz.de/10010573246

Correctly Analyzing the Balance of Payments Constraint on Growth

Razmi, Arslan - Department of Economics, University of Massachusetts-Amherst - 2013

essentially been tests of the hypothesis that trade is balanced over the long run; a plausible hypothesis but one that need not …

Persistent link: https://www.econbiz.de/10010902494

Re-Distribution, Aggregate Demand, and Growth in an Open Economy: The Crucial Interaction of Portfolio Considerations and External Account Constraints

Razmi, Arslan - Department of Economics, University of Massachusetts-Amherst - 2014

A large body of literature inspired by the seminal contribution of Marglin and Bhaduri (1988) has debated the distributional determinants of demand and growth. A general conclusion has been that open economy considerations weaken the potential for a wage-led growth regime. How- ever, this...

Persistent link: https://www.econbiz.de/10011079320