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Going under to stay on top : how much real exchange rate undervaluation is needed to boost growth in developing countries
Bermúdez, Cecilia; Dabús, Carlos - In: Estudios de economía 45 (2018) 1, pp. 5-28
This paper explores the real exchange rate (RER)-economic growth relationship for a wide sample of countries over the period 1960-2009. After removing influential observations, the system-GMM estimates suggest a positive link between an undervalued RER and growth in non-industrial countries,...
Persistent link: https://www.econbiz.de/10011980284
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Uncertainty and economic growth : evidence from Latin America
Aromí, Daniel; Bermúdez, Cecilia; Dabús, Carlos - In: CEPAL review 137 (2022), pp. 7-21
Persistent link: https://www.econbiz.de/10014287609
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Going Under to Stay on Top : How Much Real Exchange Rate Undervaluation is Needed to Boost Growth in Developing Countries
Bermudez, Cecilia - 2018
This paper explores the real exchange rate (RER)-economic growth relationship for a wide sample of countries over the period 1960-2009. After removing influential observations, the system-GMM estimates suggest a positive link between an undervalued RER and growth in non-industrial countries,...
Persistent link: https://www.econbiz.de/10012917200