WORDS, DEEDS AND OUTCOMES: A SURVEY ON THE GROWTH EFFECTS OF EXCHANGE RATE REGIMES

Philipp Harms and Marco Kretschmann

Journal of Economic Surveys, 2009, vol. 23, issue 1, 139-164

Abstract: Abstract Recent studies on the growth effects of exchange rate regimes offer a wide range of different, sometimes contradictory results. In this paper, we systematically compare three prominent contributions in this field. Using a common data set, a common specification and common estimation methods, we argue that the contradictory findings can be explained by the fact that these studies use regime classifications which reflect fundamentally different aspects of exchange rate policy.

Date: 2009
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Citations: View citations in EconPapers (21)

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https://doi.org/10.1111/j.1467-6419.2008.00559.x

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Working Paper: Words, deeds, and outcomes: A survey on the growth effects of exchange rate regimes (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:bla:jecsur:v:23:y:2009:i:1:p:139-164

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