The characteristics that distinguish most developing countries, compared to large
industrialized countries, include: greater exposure to supply shocks in general and trade …

Coastal ecosystems are estimated to support 95% of the world's commercially-important fish,
owing largely to their provision of nursery habitat for juveniles; however, systematic …

The characteristics that distinguish most developing countries, compared to large
industrialized countries, include: greater exposure to supply shocks in general and trade …

The hypothesis of contractionary devaluation has received surprisingly strong empirical
support, especially in the context of Latin American countries. In this paper, we study …

Dividend policy is among the most important unresolved issues in modern corporate
finance. Several researches have tried to solve the dividend puzzle yet; the results are …

The present article critically examines the transmission channels from real exchange rate
undervaluation to output growth adduced by New‐Structuralism (NS). To this end, we …

Purpose Empirical studies regarding the impact of the real exchange rate (RER) on
economic growth are extensively available. However, the literature as a whole appears to …

This article studies the effect of currency devaluation on output level of 23 OECD countries
using unit root and cointegration test. The empirical evidence suggests that, in the long run …

Using a panel unit root test with real exchange rate volatility measures, this paper shows that
currency devaluation leads to a short-run contractionary effect for the crisis-affected Asian …

Earlier studies that investigated the relation between exchange rate and domestic output
employed panel data. In this paper we improve upon the traditional approaches of the …