A Darwinian Perspective on “Exchange Rate Undervaluation”
Published By: ADBI on eSS | Published Date: October, 01 , 2015This paper studies how status competition for marriage partners can generate surprising effects on the real exchange rate (RER). In theory, a rise in the sex ratio (increasing relative surplus of men) can generate a decline in the RER.
Author(s): Qingyuan Du, Shang Jin Wei | Posted on: Oct 08, 2015 | Views() | Download (602)