Exchange Rate Misalignment: Causes and Consequences - Softcover

Dubas, Justin

 
9783836498197: Exchange Rate Misalignment: Causes and Consequences
Softcover
ISBN 10: 3836498197 ISBN 13: 9783836498197
Publisher: VDM Verlag, 2008

Synopsis

This work explores the area of exchange rate misalignment, exploiting the power of panel data to generate estimates. These estimates are used to tackle important questions of interest to policy makers. Specifically, the book begins by addressing the link between exchange rate misalignment and the choice of exchange rate regime for a country. In an era where currency crises are recurring, the choice of regime may have some role to play in limiting misalignment and thereby preventing or diminishing the severity of crises. The role that exchange rate regime plays differs for developed versus developing countries, which is also discussed in the book. Finally, the impact that misalignment can have on economic growth in general is explored. A distinction is made between undervaluation and overvaluation, and temporary versus persistent misalignment.

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About the Author

Justin M. Dubas, Ph.D. from University of Notre Dame, Indiana, USA; Assistant Professor of Economics at St. Norbert College, Wisconsin, USA; Fields include International Finance and Open Economy Macroeconomics.

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Publisher
VDM Verlag
Publication date
2008
Language
English
ISBN 10 
3836498197
ISBN 13 
9783836498197
Binding
Paperback
Number of pages
68