Iasco-Pereira, Hugo; Missio, Fabricio Jose - In: PSL quarterly review 75 (2022) 303, pp. 355-383
This article assesses the effects of real exchange rate misalignment on long-term growth, between 1995 and 2018, in a set of 151 countries. Our findings indicate that a competitive real exchange rate is positively associated with growth over the long run. The novel element here is our...