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 InfoPaper provided by University of Leipzig, Faculty of Economics and Management Science in its series Working Papers with number 84.
Date of creation: 2010
Date of revision:
Other versions of this item:
- Andreas Hoffmann & Gunther Schnabl, 2011. "The theory of optimum currency areas and growth in emerging markets," Applied Economics Letters, Taylor and Francis Journals, vol. 18(6), pages 513-517.
- F31 - International Economics - - International Finance - - - Foreign Exchange
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