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- Title
Exchange Rates and Business Cycles Across Countries.
- Authors
Duarte, Margarida; Restuccia, Diego; Waddle, Andrea L.
- Abstract
The article discusses the business cycle relationship between exchange rates and macroeconomic variables in 36 countries. The study used data which include gross domestic product, private consumption and real effective exchange rates of 36 countries of developed and developing countries over a period of ten years. The study contradicts earlier studies which concluded that the relationship between exchange rates and macroeconomic variables is weak.
- Subjects
FOREIGN exchange rates; ECONOMIC indicators; ECONOMIC development; BUSINESS cycles; ECONOMIC history; DEVELOPED countries; DEVELOPING countries
- Publication
Economic Quarterly (10697225), 2007, Vol 93, Issue 1, p57
- ISSN
1069-7225
- Publication type
Article