The Theory of Optimum Currency Areas and Growth in Emerging Markets

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Research , Preprint 01 Jan 2009 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Schnabl, Gunther; Hoffmann, Andreas;

doi: 10.2139/ssrn.1630374 , 10.1080/13504851003742434

handle: 10419/45655

The Theory of Optimum Currency Areas and Growth in Emerging Markets

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Abstract

We test for the impact of exchange rate volatility on growth in emerging market economies based on the theory of optimum currency areas. Our findings provide evidence for a positive impact of exchange rate stability on growth.

Related Organizations

Leipzig University
Germany

Keywords

OCA, ddc:330, OCA,growth, growth, F31, jel: jel:F31

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