Article ID Journal Published Year Pages File Type
965530 Journal of Macroeconomics 2012 19 Pages PDF
Abstract
► Examines the role of exchange rate regime in explaining emerging markets' growth during the crisis. ► Controls for regime switches, uses alternative peg definitions, and includes other determinants. ► Growth for pegs was not different from that of floats during the crisis. ► For the recovery period 2010-2011, pegs appear to be faring worse than floats. ► Both trade and financial channels matter during the crisis; trade channel matters for the recovery.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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