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Acta Comité Ejecutivo N° 1467
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Acta de Consejo N°64
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Acta de Consejo N°325
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Government spending and the real exchange rate: a cross-country perspective
There is no consensus about the economic implications of real exchange rate (RER) misalignments. Some authors argue that keeping the real exchange rate away from its equilibrium level creates distortions in the relative prices of tradable and nontradable goods generating misleading signals to economic ...