Cheaper currencies and long-term growth: The effect of exchange rate management and capital controls

© 2020 John Wiley & Sons Ltd In this paper, we test whether weakening the domestic currency can help boost economic growth. To estimate this policy-relevant but yet complex link, we apply a new mediation analysis to isolate the long-term growth effects of currency undervaluation induced by act...

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Bibliographic Details
Main Authors: Phornchanok Cumperayot, Roy Kouwenberg
Other Authors: Chulalongkorn University
Format: Article
Published: 2021
Subjects:
Online Access:https://repository.li.mahidol.ac.th/handle/123456789/60891
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Institution: Mahidol University

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