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Exchange rate misalignment and its relationship to output growth in South Africa : background note for the South Africa systematic country diagnostic (English)

Abstract

This paper establishes a simple theory-based real exchange rate (RER) Misalignment Index for countries around the world from 1950-2014, and shows that South Africa’s RER has been undervalued over the last decade. For the most recent year of 2014, depending... See More +

Details

  • Nguyen, Ha;
  • 2018/06/01 07:30:03
  • Working Paper
  • 127307
  • 1
  • 1
  • South Africa
  • Africa
  • 2018/06/18 07:30:04
  • Disclosed
  • Exchange rate misalignment and its relationship to output growth in South Africa : background note for the South Africa systematic country diagnostic
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