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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Main Authors: | , |
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Format: | Article |
Published: |
2021
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Online Access: | https://repository.li.mahidol.ac.th/handle/123456789/60891 |
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Institution: | Mahidol University |
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