Capital flows, exchange rate flexibility, and the real exchange rate /
This paper analyzes the impact of capital inflows and exchange rate flexibility on the real exchange rate in developing countries based on panel cointegration techniques. The results show that public and private flows are associated with a real exchange rate appreciation. Among private flows, portfo...
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| Other Authors: | , |
| Format: | Book |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
©2011
Washington, D.C. : 2011 |
| Series: | IMF Working Papers ;
Working Paper No. 11/9 IMF Working Papers; Working Paper ; No. 2011/009 IMF eLibrary IMF working paper ; WP/11/9 |
| Subjects: |