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While it is often argued that exchange rate depreciation has a beggar-thy-neighbour effect, in this paper, we … investigate, whether exchange rate depreciation has a beggarthyself effect. Specifically, we explore the distributional … currency. Using the local projections (LP) approach, we find that managed depreciation shocks decrease income inequality. We …
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Authority).The economic-political instability of a country, which is tied to its credit risk, often leads to sharp depreciation …
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leading industrialized countries which presents a useful basis for assessing certain potential impacts arising from BREXIT … of BREXIT and the broader role of EU membership and other variables. Looking at the period from 1985 to 2012 for a … of relative FDI accumulation effects. The implication for BREXIT analysis is that the UK will face three impulses for FDI …
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