Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059687 | Economics Letters | 2012 | 7 Pages |
Abstract
⺠We study the growth effects of currency undervaluation by looking at its effect on the components of GDP. ⺠We find that currency undervaluation has virtually no effect on trade performance. ⺠We find that currency undervaluation has a strong and positive effect on growth by increasing savings and investment.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Pablo Alfredo Glüzmann, Eduardo Levy-Yeyati, Federico Sturzenegger,