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This paper empirically assesses how democratization affects real exchange rates. By doing this, we combine so far separated strands of the economic literature and argue that democratization reduces currency undervaluation leading to a real exchange rate appreciation. We test this hypothesis...
Persistent link: https://www.econbiz.de/10011374299
Gender inequalities in longevity/mortality are a major area of research since the 1970s. Despite substantial insights, the questions posed and the research strategies used are still in a state of flux. In the present paper we shed some light on the question, to which extent socioeconomic...
Persistent link: https://www.econbiz.de/10011344868
This paper empirically assesses how democratization affects real exchange rates. Specifically, in line with the democratic peace theory we argue that democratization reduces currency undervaluation, and thus, might bring misalignments in foreign exchange markets to an end. We test this...
Persistent link: https://www.econbiz.de/10009730203
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This paper empirically assesses how democratization affects real exchange rates. By doing this, we combine so far separated strands of the economic literature and argue that democratization reduces currency undervaluation leading to a real exchange rate appreciation. We test this hypothesis...
Persistent link: https://www.econbiz.de/10013090658
Persistent link: https://www.econbiz.de/10011849763