The theory of optimum currency areas and growth in emerging markets
AbstractWe test for the impact of exchange rate volatility on growth in emerging market economies based on the theory of optimum currency areas. Our findings provide evidence for a positive impact of exchange rate stability on growth.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 18 (2011)
Issue (Month): 6 ()
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Other versions of this item:
- Schnabl, Gunther & Hoffmann, Andreas, 2010. "The theory of optimum currency areas and growth in emerging markets," Working Papers 84, University of Leipzig, Faculty of Economics and Management Science.
- F31 - International Economics - - International Finance - - - Foreign Exchange
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