Béreau, Sophie; Villavicencio, Antonia López; Mignon, … - In: Applied Economics 44 (2012) 27, pp. 3503-3511
The aim of this article is to investigate the link between currency misalignments and economic growth. Relying on panel cointegration techniques, we calculate Real Exchange Rate (RER) misalignments as deviations of actual RERs from their equilibrium values for a set of advanced and emerging...