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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w13263 |
来源ID | Working Paper 13263 |
Fertility and the Real Exchange Rate | |
Andrew K. Rose; Saktiandi Supaat | |
发表日期 | 2007-07-12 |
出版年 | 2007 |
语种 | 英语 |
摘要 | We use a quinquennial data set covering 87 countries between 1975 and 2005 to investigate the relationship between fertility and the real effective exchange rate. Theoretically a country experiencing a decline in its fertility rate can be expected to have higher savings, lower investment, a current account surplus, and accordingly a real depreciation. We test and confirm this hypothesis, controlling for a host of potential determinants such as PPP deviations and the Balassa-Samuelson effect. We find a statistically significant and robust link between fertility and the exchange rate. Our point-estimate is that a decline in the fertility rate of one child per woman is associated with a depreciation of approximately .15% in the real effective exchange rate. |
主题 | International Economics ; International Finance ; Labor Economics ; Demography and Aging |
URL | https://www.nber.org/papers/w13263 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570933 |
推荐引用方式 GB/T 7714 | Andrew K. Rose,Saktiandi Supaat. Fertility and the Real Exchange Rate. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w13263.pdf(332KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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