Inequality, the price of nontradables, and the real exchange rate: theory and cross-country evidence

Even though real exchange rate has an important impact on sustainable export and economic growth for small open economies, its impact on income distribution and transmission mechanism was never investigated. The paper shows that improved income distribution, through its impact on the price of nontra...

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Bibliographic Details
Main Author: Min, Hong G. (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C World Bank, Poverty Reduction and Economic Management Network, Poverty Reduction Group 2002
Series:Policy research working paper 2758
Subjects:
Online Access:Volltext
Summary:Even though real exchange rate has an important impact on sustainable export and economic growth for small open economies, its impact on income distribution and transmission mechanism was never investigated. The paper shows that improved income distribution, through its impact on the price of nontradables, is associated with real exchange rate devaluation
Item Description:"January 2002. - Includes bibliographical references (p. 19-23). - Title from title screen as viewed on Aug. 22, 2002
Erscheinungsjahr in Vorlageform:[2002]
Physical Description:1 Online-Ressource (32 Seiten)