The equilibrium real exchange rate and macroeconomic performance in developing countries

Marcel Schröder

doi:10.1080/13504851.2016.1205718

The equilibrium real exchange rate and macroeconomic performance in developing countries

Marcel Schröder^*

^*Corresponding author for this work

Indonesia Project

Research output: Contribution to journal › Article › peer-review

4 Citations (Scopus)

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 language	English
Pages (from-to)	506-509
Number of pages	4
Journal	Applied Economics Letters
Volume	24
Issue number	7
DOIs	https://doi.org/10.1080/13504851.2016.1205718
Publication status	Published - 16 Apr 2017

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10.1080/13504851.2016.1205718

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title = "The equilibrium real exchange rate and macroeconomic performance in developing countries",

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.",

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KW - economic growth

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The equilibrium real exchange rate and macroeconomic performance in developing countries

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