TY - JOUR
T1 - The equilibrium real exchange rate and macroeconomic performance in developing countries
AU - Schroder, Marcel
PY - 2017
Y1 - 2017
N2 - This article presents first estimates of the growth impact of the equilibrium real exchange rate (ERER) for a sample of 63 developing countries over 1970-2007. The results suggest that real exchange rate misalignment, not the level of the ERER, matters for macroeconomic performance in these countries.
AB - This article presents first estimates of the growth impact of the equilibrium real exchange rate (ERER) for a sample of 63 developing countries over 1970-2007. The results suggest that real exchange rate misalignment, not the level of the ERER, matters for macroeconomic performance in these countries.
U2 - 10.1080/13504851.2016.1205718
DO - 10.1080/13504851.2016.1205718
M3 - Article
SN - 1350-4851
VL - 24
SP - 506
EP - 509
JO - Applied Economics Letters
JF - Applied Economics Letters
IS - 7
ER -