A Darwinian Perspective on â€œExchange Rate Undervaluationâ€
Qingyuan Du and
Working Papers from eSocialSciences
This paper studies how status competition for marriage partners can generate surprising effects on the real exchange rate (RER). In theory, a rise in the sex ratio (increasing relative surplus of men) can generate a decline in the RER.
Keywords: currency manipulation; equilibrium real exchange rate; surplus men; China; marriage; Chinese; RER; purchasing power parity; PPP (search for similar items in EconPapers)
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