It takes the average reader and 15 minutes to read Exchange Rate Misalignment and Growth: A Myth? by Carlos Goncalves
Assuming a reading speed of 250 words per minute. Learn more
The impact of real exchange rate movements on GDP growth is a hotly debated issue both in policy and academic circles. In this paper, we provide evidence suggesting that the association between exchange rate misalignment and growth for a broad panel of countries is very weak. Controlling for country fixed effects, time effects and initial GDP, a more depreciated currency is associated with higher growth if one does not exclude outliers. However, this positive association always vanishes after controling for the savings rate. Importantly, this applies for both a large panel of countries and...
Exchange Rate Misalignment and Growth: A Myth? by Carlos Goncalves is 15 pages long, and a total of 3,825 words.
This makes it 5% the length of the average book. It also has 5% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 20 minutes to read Exchange Rate Misalignment and Growth: A Myth? aloud.
Exchange Rate Misalignment and Growth: A Myth? is suitable for students ages 6 and up.
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