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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| Format: | eBook |
| Language: | English |
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Washington, D.C
World Bank, Poverty Reduction and Economic Management Network, Poverty Reduction Group
2002
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| Series: | Policy research working paper
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| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| 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 |
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| Item Description: | "January 2002. - Includes bibliographical references (p. 19-23). - Title from title screen as viewed on Aug. 22, 2002 |