Real Exchange Rate and Aggregate Demand: Empirical Evidence, 1981-2010
This paper assesses the effects of an undervalued currency upon key macroeconomic variables for different developed and developing countries. Based on a reformulation of Rodrik’s undervaluation index, our econometric GMM results suggest that an undervalued currency has been able to enhance these mac...
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| Udgivet i: | Análisis Económico |
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| Principais autores: | , |
| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
Universidad Autónoma Metropolitana
2021
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| Fag: | |
| Online adgang: | https://www.redalyc.org/articulo.oa?id=41370361002 https://www.redalyc.org/journal/413/41370361002/ https://www.redalyc.org/journal/413/41370361002/html/ https://www.redalyc.org/journal/413/41370361002/41370361002.epub https://www.redalyc.org/journal/413/41370361002/movil |
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