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Inequality, the price of nontradables, and the real exchange rate : theory and cross-country evidence

Author: Hong G Min; World Bank. Poverty Reduction and Economic Management. Poverty Reduction Group.
Publisher: Washington, D.C. : World Bank, Poverty Reduction and Economic Management Network, Poverty Reduction Group, [2002]
Series: Policy research working papers, no. 2758.
Edition/Format:   Print book : International government publication : EnglishView all editions and formats
Summary:
Even though real exchange rate has an important impact on sustainable export and economic growth for small open economies, its impact on income distribution and transmission mechanism was never investigated. The paper shows that improved income distribution, through its impact on the price of nontradables, is associated with real exchange rate devaluation.
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Genre/Form: Econometric models
Additional Physical Format: Online version:
Min, Hong G.
Inequality, the price of nontradables, and the real exchange rate.
Washington, D.C. : World Bank, Poverty Reduction and Economic Management Network, Poverty Reduction Group, [2002]
(OCoLC)647105232
Material Type: Government publication, International government publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Hong G Min; World Bank. Poverty Reduction and Economic Management. Poverty Reduction Group.
OCLC Number: 49060213
Notes: "January 2002."
Description: 32 pages ; 28 cm.
Series Title: Policy research working papers, no. 2758.
Responsibility: Hong-Ghi Min.

Abstract:

Even though real exchange rate has an important impact on sustainable export and economic growth for small open economies, its impact on income distribution and transmission mechanism was never investigated. The paper shows that improved income distribution, through its impact on the price of nontradables, is associated with real exchange rate devaluation.

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