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Exchange rate management is a salient macroeconomic issue, especially in developing countries. In this paper, we study political economy factors that may affect the real exchange rate (RER) process and the real economic effects of the RER. We review recent literature on the effects of elections...
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. The development of international trade creates conditions where volatility comes with the exchange rate. The purpose of … this paper is to examine the effect of real effective exchange rate volatility on economic growth in the Central and … measurement of exchange rate volatility, is examined. The study uses annual data for fourteen CEE countries for the period 2002 …
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This study examines the moderating effects of the real exchange rate and its volatility on the finance-growth nexus in … levels of the real exchange rates and its volatility. The findings show that financial development has a long-term positive … impact on economic growth, but this impact is weakened by real exchange rate and its volatility. The marginal effects of …
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