MARC Record from Library of Congress

LEADER: 01887cam a22002897a 4500
001 2007616402
003 DLC
005 20070831145852.0
007 cr |||||||||||
008 070816s2007 mau sb 000 0 eng
010 $a 2007616402
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aRose, Andrew.
245 10 $aFertility and the real exchange rate$h[electronic resource] /$cAndrew K. Rose, Saktiandi Supaat.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2007.
490 1 $aNBER working paper series ;$vworking paper 13263
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 8/16/2007.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"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"--National Bureau of Economic Research web site.
700 1 $aSupaat, Saktiandi.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 13263.
856 40 $uhttp://papers.nber.org/papers/w13263