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Real Exchange Rates, Economic Complexity, and Investment
Language: en
Pages: 21
Authors: Steve Brito
Categories: Business & Economics
Type: BOOK - Published: 2018-05-10 - Publisher: International Monetary Fund

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We show that the response of firm-level investment to real exchange rate movements varies depending on the production structure of the economy. Firms in advance
Real Exchange Rate Uncertainty and Private Investment in Developing Countries
Language: en
Pages: 24
Authors: Luis Servén
Categories: Capital stock
Type: BOOK - Published: 2002 - Publisher: World Bank Publications

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Serven examines empirically the link between real exchange rate uncertainty and private investment in developing countries using a large cross country-time seri
Fundamental Determinants of Exchange Rates
Language: en
Pages: 276
Authors: Jerome L. Stein
Categories: Business & Economics
Type: BOOK - Published: 1997 - Publisher: Oxford University Press

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"This book greatly enhances our understanding of the behavior of real exchange rates. It provides an elegant model based on a solid theoretical foundation that
Real Exchange Rates, Saving and Growth:
Language: en
Pages: 36
Authors: Peter J. Montiel
Categories: Currencies and Exchange Rates
Type: BOOK - Published: 2008 - Publisher: World Bank Publications

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Abstract: The view that policies directed at the real exchange rate can have an important effect on economic growth has been gaining adherents in recent years.
What Determines Real Exchange Rates? The Long and Short of it
Language: en
Pages: 54
Authors: Mr.Ronald MacDonald
Categories: Business & Economics
Type: BOOK - Published: 1997-02-01 - Publisher: International Monetary Fund

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This paper presents a reduced-form model of the real exchange rate. Using multilateral cointegration methods, the model is implemented for the real effective ex