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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Druck, Pablo
مؤلفون آخرون: Magud, Nicolas, Mariscal, Rodrigo
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2015.
سلاسل:IMF Working Papers; Working Paper ; No. 2015/179
الوصول للمادة أونلاين:Full text available on IMF