The real exchange rate and development theory, evidence, issues and challenges

F Demir, A Razmi - Journal of Economic Surveys, 2022 - Wiley Online Library
This paper surveys the theoretical and empirical literature on the effects of the real exchange
rate (RER) on international trade, economic development and growth. We summarize the …

The real exchange rate and economic growth: Revisiting the case using external instruments

MM Habib, E Mileva, L Stracca - Journal of International Money and …, 2017 - Elsevier
We investigate the impact of movements in the real exchange rate on economic growth
based on five-year average data for a panel of over 150 countries in the post Bretton Woods …

The real exchange rate and economic growth: A survey

M Rapetti - Journal of Globalization and Development, 2020 - degruyter.com
This paper offers a systematic survey of recent research evaluating the impact of the level
and volatility of the real exchange rate (RER) on economic growth. Existing empirical work …

Does real exchange rate undervaluation really promote economic growth?

RSM Ribeiro, JSL McCombie, GT Lima - Structural Change and Economic …, 2020 - Elsevier
This article seeks to reassess the empirical literature on real exchange rate misalignment
and growth in light of the extensive discussion about the relationship between income …

Should develo** countries undervalue their currencies?

M Schröder - Journal of Development Economics, 2013 - Elsevier
Abstract The Washington Consensus emphasizes the economic costs of real exchange rate
distortions. However, a sizable recent empirical literature finds that undervalued real …

The significance of the exchange rates: A survey of the literature

E Karakostas - Modern Economy, 2021 - scirp.org
Since the collapse of the Bretton Woods in the late 1970's, the international monetary system
has been dominated by the floating exchange rate system. The currencies around the world …

Exchange rate misalignment and export diversification in develo** countries

K Sekkat - The Quarterly Review of Economics and Finance, 2016 - Elsevier
The impact of exchange rate misalignment on export diversification in develo** countries
is highly debated and the empirical evidence is conflicting. However, no deep investigation …

Real exchange rate misalignments and economic growth in Tunisia: New evidence from a threshold analysis of asymmetric adjustments

TH Amor, R Nouira, C Rault, AD Sova - The Quarterly Review of Economics …, 2023 - Elsevier
In this paper, we focus on both the impact of real exchange rate (RER) misalignments on
economic growth and the assessment of misalignments' thresholds in the case of Tunisia …

The real exchange rate and economic growth: A meta-analysis

MM Ridhwan, A Ismail, P Nijkamp - Journal of Economic Studies, 2024 - emerald.com
Purpose Empirical studies regarding the impact of the real exchange rate (RER) on
economic growth are extensively available. However, the literature as a whole appears to …

New‐structuralist exchange‐rate policy and the pattern of specialization in Latin American countries

A Dvoskin, GD Feldman, G Ianni - Metroeconomica, 2020 - Wiley Online Library
The present article critically examines the transmission channels from real exchange rate
undervaluation to output growth adduced by New‐Structuralism (NS). To this end, we …