The equilibrium real exchange rate and macroeconomic performance in developing countries

Marcel Schroder

    Research output: Contribution to journalArticle

    Abstract

    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.
    Original languageEnglish
    Pages (from-to)506-509pp
    JournalApplied Economics Letters
    Volume24
    Issue number7
    DOIs
    Publication statusPublished - 2017

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