Inequality, the Price of Nontradables, and the Real Exchange Rate : Theory and Cross-Country Evidence

The author provides theoretical and empirical evidence of a negative association between income inequality and real exchange rates. First, he builds a theoretical model showing the transmission mechanism from inequality to real exchange rates. Seco...

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Bibliographic Details
Main Author: Min, Hong-Ghi
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
CD
GDP
Online Access:http://documents.worldbank.org/curated/en/2002/01/1687151/inequality-price-nontradables-real-exchange-rate-theory-cross-country-evidence
http://hdl.handle.net/10986/15719