Abstract
It is often argued that exchange rate volatility deters foreign trade and investment. But is exchange rate volatility associated with higher or lower rates of growth? What is the best policy to achieve maximum growth?
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Gruben, W.C., Gould, D.M., Zarazaga, C.E. (1997). Exchange Rate Volatility, Investment, and Growth: Some New Evidence. In: Gruben, W.C., Gould, D.M., Zarazaga, C.E. (eds) Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6175-0_3
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DOI: https://doi.org/10.1007/978-1-4615-6175-0_3
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