Data for: A Darwinian perspective on “exchange rate undervaluation”
Main Author: | Wei, Shang-Jin |
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Format: | Dataset |
Terbitan: |
Mendeley
, 2016
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Subjects: | |
Online Access: |
https:/data.mendeley.com/datasets/v7j8ynryj6 |
Daftar Isi:
- Abstract of associated article: This 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. The effect can be quantitatively large if the biological desire for a marriage partner is strong. We also provide within-China and cross-country empirical evidence to support the theory. As an application, our cross-country estimation suggests that sex ratio as well as other factors in the existing literature can account for the recent evolution in Chinese RER almost completely.