References
- Acemoglu, D., Johson, S., Robinson, J., & Thaicharoen, Y. (2003). Institutional causes, macroeconomics symptoms: volatility, crises and growth. Journal of Monetary Economics, 50(1): 49– 123.
- Alberola, E. (2003). Misalignment, liabilities dollarization and exchange rate adjustment in Latin-America (Banco de Espana Research Paper No. WP-0309).
- Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: Montecarlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277–297. doi:10.2307/2297968
- Baltagi, B. (2008). Econometric analysis of panel data. New York, NY: John Wiley & Sons.
- Barro, R. J., & Lee, J. W. (2013). A new data set of educational attainment in the world, 1950–2010. Journal of Development Economics, 104, 184–198. doi:10.1016/j.jdeveco.2012.10.001
- Blundell, R., & Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87(1), 115–143. doi:10.1016/S0304-4076(98)00009-8
- Chudik, A., Mohaddes, K., Pesaran, M. H., & Raissi, M. (2016). Long-run effects in large heterogenous panel data models with cross-sectionally correlated errors. In Essays in Honor of Aman Ullah (pp. 85-135). Emerald Group Publishing Limited.
- Couharde, C., & Sallenave, A. (2013). How do currency misalignments threshold affect economic growth? Journal of Macroeconomics, 36, 106–120. doi:10.1016/j.jmacro.2012.11.002
- Guangjun, Q., & Sylwester, K. (2010). Undervaluation, institutions, and development (Discussion Paper No. 2010-04). Carbondale, IL: Southern Illinois University.
- Hansen, L. P. (1982). Large sample properties of generalized method of moments estimators. Econometrica: Journal of the Econometric Society, 50, 1029–1054. doi:10.2307/1912775
- Levy-Yeyati, E. L., & Sturzenegger, F. (2007). Fear of appreciation (World Bank Policy Research Working Paper Series, 4387.
- Mao, R., & Yao, Y. (2015). Fixed exchange rate regimes, real undervaluation and economic growth. Journal of International Commerce, Economics and Policy, 7(2): 1650008.
- Matsuyama, K. (1992). Agricultural productivity, comparative advantage and economic growth. Journal of Economic Theory, 58, 317–334. doi:10.1016/0022-0531(92)90057-O
- Mbaye, S. (2012). Real exchange rate undervaluation and growth: Is there a total factor productivity growth channel? (CERDI Working Paper E.2012.11).
- McLeod, D., & Mileva, E. (2011). Real exchange rates and productivity growth (Discussion Paper No. 2011-04). New York, NY: Department of Economics, Fordham University.
- North, D. (1990). Institutions, institutional change and economic performance. New York: Cambridge University Press.
- Psacharopoulos, G. (1994). Returns to investment in education: A global update. World Development, 22(9), 1325–1343. doi:10.1016/0305-750X(94)90007-8
- Rodriguez, F., & Rodrik, D. (2001). Trade policy and economic growth: A skeptic’s guide to the cross-national evidence. In NBER macroeconomics annual 2000 (Vol 15, pp 261–338). Cambridge, MA: MIT Press.
- Rodrik, D. (2008). The real exchange rate and economic growth. Brookings Papers on Economic Activity, 2008(2), 365–412. doi:10.1353/eca.0.0020
- Rodrik, D. (2009). Growth after the crisis (Working Paper No. 65). Commission on Growth and Development. Washington, DC: The World Bank.
- Romer, D. (1996). Advanced macroeconomics (4th ed.). New York: McGraw-Hill.
- Tipoy, C. K., Breitenbach, M. C., & Zerihun, M. F. (2017a). Equilibrium exchange rates and misalignments: The case of homogenous emerging countries. SPOUDAI-Journal of Economics and Business, 66(4), 3–25.
- Tipoy, C. K., Breitenbach, M. C., & Zerihun, M. F. (2017b). Exchange rate misalignment and economic growth: Evidence from nonlinear panel cointegration and granger causality tests. Studies in Nonlinear Dynamics & Econometrics. doi:10.1515/snde-2016-0117.
- Williamson, J. (1994). Estimating equilibrium exchange rates. Washington, DC: Peterson Institute for International Economics.