Corporate investment and the real exchange rate 1 1 We would like to thank the editor and two anonymous referees for their insightful comments, which significantly improved the paper. We are grateful to Senay Agca, Joshua Aizenman, Valentina Bruno, Meredith Crawley, Luca Dedola, Charles Engel, Nezih Guner, Oleg Itskhoki, Dalida Kadyrzhanova, Sebnem Kalemli-Ozcan, Tumer Kapan, Andrei Levchenko, Sangeeta Pratap, Andrea Presbitero, Mahvash Qureshi, Romain Rancière, Heiwai Tang, Tina Yang, and participants at the 2016 ASSA/AEA meetings, 12th CompNet Conference Prague, CEPR Annual International Macroeconomics and Finance Meeting, and Copenhagen Business School seminar for helpful comments and suggestions. We thank Andrew Berg for his encouragement to work on this topic and for helpful discussions at the early stages of the project. We thank Manzoor Gill and Jacob Gerszten for excellent research assistance at different stages of this project. The views expressed herein are those of the authors and should not be attributed to the International Monetary Fund, the Federal Reserve System, their staff, management, or policies.
Titel:
Corporate investment and the real exchange rate 1 1 We would like to thank the editor and two anonymous referees for their insightful comments, which significantly improved the paper. We are grateful to Senay Agca, Joshua Aizenman, Valentina Bruno, Meredith Crawley, Luca Dedola, Charles Engel, Nezih Guner, Oleg Itskhoki, Dalida Kadyrzhanova, Sebnem Kalemli-Ozcan, Tumer Kapan, Andrei Levchenko, Sangeeta Pratap, Andrea Presbitero, Mahvash Qureshi, Romain Rancière, Heiwai Tang, Tina Yang, and participants at the 2016 ASSA/AEA meetings, 12th CompNet Conference Prague, CEPR Annual International Macroeconomics and Finance Meeting, and Copenhagen Business School seminar for helpful comments and suggestions. We thank Andrew Berg for his encouragement to work on this topic and for helpful discussions at the early stages of the project. We thank Manzoor Gill and Jacob Gerszten for excellent research assistance at different stages of this project. The views expressed herein are those of the authors and should not be attributed to the International Monetary Fund, the Federal Reserve System, their staff, management, or policies.