Article ID Journal Published Year Pages File Type
965465 Journal of Macroeconomics 2012 10 Pages PDF
Abstract
► The real effective exchange rate appreciates with capital flows. ► Portfolio investment has the biggest appreciation effect. ► A flexible exchange rate dampens appreciation of the exchange rate.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Capital flows, exchange rate flexibility, and the real exchange rate
Authors
, , ,