Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited

Autores
Gluzmann, Pablo Alfredo; Levy Yeyati, Eduardo; Sturzenegger, Federico
Año de publicación
2012
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
To understand the growth effects of currency undervaluation we estimate its impact on the different components of GDP. We find that, for developing countries, undervaluation does not affect the tradable sector, but does lead to greater domestic savings and investment, as well as employment.
Fil: Gluzmann, Pablo Alfredo. Universidad Nacional de La Plata; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - La Plata; Argentina
Fil: Levy Yeyati, Eduardo. Universidad Torcuato Di Tella; Argentina. The World Bank; Argentina
Fil: Sturzenegger, Federico. Universidad Torcuato Di Tella; Argentina. Banco Ciudad; Argentina
Materia
Economic Growth
Real Exchange Rate
Undervaluation
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/79714
Acceder
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network_name_str CONICET Digital (CONICET)
spelling Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisitedGluzmann, Pablo AlfredoLevy Yeyati, EduardoSturzenegger, FedericoEconomic GrowthReal Exchange RateUndervaluationhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5To understand the growth effects of currency undervaluation we estimate its impact on the different components of GDP. We find that, for developing countries, undervaluation does not affect the tradable sector, but does lead to greater domestic savings and investment, as well as employment.Fil: Gluzmann, Pablo Alfredo. Universidad Nacional de La Plata; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - La Plata; ArgentinaFil: Levy Yeyati, Eduardo. Universidad Torcuato Di Tella; Argentina. The World Bank; ArgentinaFil: Sturzenegger, Federico. Universidad Torcuato Di Tella; Argentina. Banco Ciudad; ArgentinaNorth-holland2012-07info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/79714Gluzmann, Pablo Alfredo; Levy Yeyati, Eduardo; Sturzenegger, Federico; Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited; North-holland; Economics Letters; 117; 3; 7-2012; 666-6720165-1765CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/doi/10.1016/j.econlet.2012.07.022info:eu-repo/semantics/altIdentifier/url/https://www.sciencedirect.com/science/article/pii/S0165176512004077info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-29T09:35:19Zoai:ri.conicet.gov.ar:11336/79714instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-29 09:35:19.855CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited
title Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited
spellingShingle Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited
Gluzmann, Pablo Alfredo
Economic Growth
Real Exchange Rate
Undervaluation
title_short Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited
title_full Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited
title_fullStr Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited
title_full_unstemmed Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited
title_sort Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited
dc.creator.none.fl_str_mv Gluzmann, Pablo Alfredo
Levy Yeyati, Eduardo
Sturzenegger, Federico
author Gluzmann, Pablo Alfredo
author_facet Gluzmann, Pablo Alfredo
Levy Yeyati, Eduardo
Sturzenegger, Federico
author_role author
author2 Levy Yeyati, Eduardo
Sturzenegger, Federico
author2_role author
author
dc.subject.none.fl_str_mv Economic Growth
Real Exchange Rate
Undervaluation
topic Economic Growth
Real Exchange Rate
Undervaluation
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv To understand the growth effects of currency undervaluation we estimate its impact on the different components of GDP. We find that, for developing countries, undervaluation does not affect the tradable sector, but does lead to greater domestic savings and investment, as well as employment.
Fil: Gluzmann, Pablo Alfredo. Universidad Nacional de La Plata; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - La Plata; Argentina
Fil: Levy Yeyati, Eduardo. Universidad Torcuato Di Tella; Argentina. The World Bank; Argentina
Fil: Sturzenegger, Federico. Universidad Torcuato Di Tella; Argentina. Banco Ciudad; Argentina
description To understand the growth effects of currency undervaluation we estimate its impact on the different components of GDP. We find that, for developing countries, undervaluation does not affect the tradable sector, but does lead to greater domestic savings and investment, as well as employment.
publishDate 2012
dc.date.none.fl_str_mv 2012-07
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/79714
Gluzmann, Pablo Alfredo; Levy Yeyati, Eduardo; Sturzenegger, Federico; Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited; North-holland; Economics Letters; 117; 3; 7-2012; 666-672
0165-1765
CONICET Digital
CONICET
url http://hdl.handle.net/11336/79714
identifier_str_mv Gluzmann, Pablo Alfredo; Levy Yeyati, Eduardo; Sturzenegger, Federico; Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited; North-holland; Economics Letters; 117; 3; 7-2012; 666-672
0165-1765
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/doi/10.1016/j.econlet.2012.07.022
info:eu-repo/semantics/altIdentifier/url/https://www.sciencedirect.com/science/article/pii/S0165176512004077
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
application/pdf
application/pdf
dc.publisher.none.fl_str_mv North-holland
publisher.none.fl_str_mv North-holland
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 13.070432

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