Jump to ContentJump to Main Navigation
Macroeconomics and DevelopmentRoberto Frenkel and the Economics of Latin America$
Users without a subscription are not able to see the full content.

Mario Damill, Martín Rapetti, and Guillermo Rozenwurcel

Print publication date: 2016

Print ISBN-13: 9780231175081

Published to Columbia Scholarship Online: September 2016

DOI: 10.7312/columbia/9780231175081.001.0001

Show Summary Details

The Real Exchange Rate, the Real Wage, and Growth

The Real Exchange Rate, the Real Wage, and Growth

A Formal Analysis of the “Development Channel”

Chapter:
(p.229) Chapter 11 The Real Exchange Rate, the Real Wage, and Growth
Source:
Macroeconomics and Development
Author(s):

Jaime Ros

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231175081.003.0011

the chapter presents a model that shows the transmission mechanism -what the author calls the “profitability channel”- through which the level of the real exchange rate affects the rate of economic growth in a developing country.

Keywords:   transmission channel, real exchange rate, tradable sector, productivity change, embodied technological progress, externalities

Columbia Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us .