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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Xehetasun bibliografikoak
Egile nagusia: Druck, Pablo
Beste egile batzuk: Magud, Nicolas, Mariscal, Rodrigo
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Working Papers; Working Paper ; No. 2015/179
Sarrera elektronikoa:Full text available on IMF