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Real Exchange Rate Misalignments and Growth

Razin, Ofair - 1997

Real exchange rate (RER) misalignment is now a standard concept in international macroeconomic theory and policy. However, there is neither a consensus indicator of misalignment, nor an agreed upon methodology for constructing such an indicator. This paper constructs an indicator of RER...

Persistent link: https://www.econbiz.de/10012472640