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Exchange Rate and Growth (Gonçalves & Mauro Rodrigues)

Exchange rate misalignment and growth: A myth? by Carlos Eduardo Gonçalves and  Mauro Rodrigues (2017). “The impact of real exchange rate movements on GDP growth is a hotly debated issue both in policy and academic circles. In this paper we provide evidence suggesting that there is not a robust statistical association between misalignment and growth for a broad panel of countries…” 

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