Series: IMF Working Papers
Author(s): Jean-Louis Combes , Patrick Plane , and Tidiane Kinda
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2011
Keywords: real exchange rate, low-income countries, pooled mean group estimator, exchange rate, capital flows,
This paper analyzes the impact of capital inflows and exchange rate flexibility on the real exchange rate in developing countries based on panel cointegration techniques. The results show that public and private fl...