Inequality, the price of nontradables, and the real exchange rate
Subtitle: theory and cross-country evidence
By: Hong-Ghi Min.
Contributors: World Bank. Poverty Reduction and Economic Management. Poverty Reduction Group.
Series: Policy research working paper ;; 2758; Policy research working papers (Online) ;; 2758.
Publisher: World Bank, Poverty Reduction and Economic Management Network, Poverty Reduction Group
Published: 2002
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Equality -- Economic aspects -- Econometric models.; Poverty -- Econometric models.; Income distribution -- Effect of devaluation of currency on -- Econometric models.; Economic development -- Effect of devaluation of currency on -- Econometric models.
Genres: Econometric models.
Description: 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.
Notes: Also available in print.
Includes bibliographical references (p. 19-23).
Title from title screen as viewed on Aug. 22, 2002.
"January 2002."
Mode of access: World Wide Web.