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来源类型Working Paper
规范类型报告
DOI10.3386/w13263
来源IDWorking 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
URLhttps://www.nber.org/papers/w13263
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/570933
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GB/T 7714
Andrew K. Rose,Saktiandi Supaat. Fertility and the Real Exchange Rate. 2007.
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