Publication
Title
Real exchange rate movements, dutch disease and functional and sectoral income distribution
Author
Abstract
In a theoretical GEM model, we show how exogenous productivity, factor endowments, terms of trade and debt shocks, impact on real exchange rates, factors prices and production and consumption levels of a small economy. In addition, we evaluate possible income distribution effects and macroeconomic misalignments of those exogenous shocks, like the Dutch disease. This set up is perfectly suited to the characteristics of the main Latin America economies, Argentina, Brazil, Chile and Mexico were exogenous shocks an exchange rate policies need to be carefully gauged in terms of their impact on real exchange rates, the structure of the economy and the development of the tradable sector.
Language
English
Source (journal)
Trade, integration and economic development : the EU and Latin America
Source (book)
7th International Conference of the Arnoldshain Seminar on Trade and, Integration, AUG 28-SEP 01, 2006, Vienna Econom Univ, Vienna, Austria
Publication
Vienna : Springer, 2008
ISBN
978-3-211-75150-3
Volume/pages
13(2008), p. 81-109
ISI
000269143600004
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identification
Creation 01.03.2012
Last edited 06.05.2017
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