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Firat Demir

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Open access Oct 2026

The Real Exchange Misalignment and Structural Change: Examining the Development Channel

This paper examines the relationship between real exchange rate (RER) misalignment and structural change—the reallocation of labor from low‐ to high‐productivity sectors—recognized as a key mechanism of economic development and growth. Using industry‐level data from multiple sources covering up to 153 countries over...

Salimeh Abedini Birang, Firat Demir · 0 citations

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