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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Bibliografiska uppgifter
Huvudupphovsman: Druck, Pablo
Övriga upphovsmän: Magud, Nicolas, Mariscal, Rodrigo
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2015.
Serie:IMF Working Papers; Working Paper ; No. 2015/179
Länkar:Full text available on IMF