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 and Economic Growth

The Real Exchange Rate and Economic Growth

Some Observations on the Possible Channels

Chapter:
(p.250) Chapter 12 The Real Exchange Rate and Economic Growth
Source:
Macroeconomics and Development
Author(s):

Martín Rapetti

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231175081.003.0012

in this chapter evaluates a recent body of empirical research that studies the association between the level and volatility of the real exchange rate and economic growth. The empirical evidence emerging from the research surveyed in his chapter strongly suggests that while real exchange rate undervaluation favors economic growth, overvaluation hurts it.

Keywords:   empirical research, real exchange rate volatility, exchange rate undervaluation, exchange rate overvaluation, tradable led transmission channel

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 .