The equilibrium real exchange rate and macroeconomic performance in developing countries

被引：4

作者：

Schroeder, Marcel ^{[1
,2
]}

机构：

[1] Lebanese Amer Univ, Dept Econ, Byblos, Lebanon

[2] Australian Natl Univ, Arndt Corden Dept Econ, Canberra, ACT, Australia

来源：

APPLIED ECONOMICS LETTERS | 2017年 / 24卷 / 07期

关键词：

Equilibrium real exchange rate; economic growth; developing countries; MODELS;

D O I：

10.1080/13504851.2016.1205718

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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.

引用

页码：506 / 509

页数：4

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