-
Beggar-thy-Neighbor Effects of Currency Undervaluation: Is China the Tip of t...
This paper examines empirically one of the most popular views in international economics, yet barely tested: undervaluation of the currency is a "beggar-thy-neighbor"... -
Real Exchange Rate Undervaluation and Growth: Is there a Total Factor Product...
Undervaluation of the currency is generally believed to affect growth through two main transmission channels: the "capital accumulation channel" and the "total factor...
