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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Druck, Pablo
Weitere Verfasser: Magud, Nicolas, Mariscal, Rodrigo
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2015.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2015/179
Online Zugang:Full text available on IMF