Collateral Damage : Dollar Strength and Emerging Markets' Growth /
We document that, historically, although stronger growth in the U.S. increases growth in emerging markets, U.S. dollar appreciation (depreciation) cycles-which are highly persistent-mitigate (amplify) the impact on real GDP growth in emerging markets. We argue that the main transmission channel of t...
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| Kolejni autorzy: | , |
| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2015/179 |
| Dostęp online: | Full text available on IMF |