haku: @author Edwards, S. / yhteensä: 18
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Tekijä: | Edwards, S. Yeyati, E.L. |
Otsikko: | Flexible exchange rates as shock absorbers |
Lehti: | European Economic Review
2005 : NOV, VOL. 49:8, p. 2079-2105 |
Asiasana: | economic shocks exchange rates growth trade |
Kieli: | eng |
Tiivistelmä: | This article examines the impact of trade shocks on economic growth under different exchange rate regimes. The authors analyze whether trade shocks have less impact on economic growth in countries where the exchange rate arrangement is flexible. The results of the study indicate that the effect of the shock is bigger in countries that have less flexible exchange rate regimes. |
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