Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/128578
Authors: 
Du, Qingyuan
Wei, Shang-jin
Year of Publication: 
2015
Series/Report no.: 
ADB Economics Working Paper Series 456
Abstract: 
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-the People's Republic of 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.
Subjects: 
currency manipulation
equilibrium real exchange rate
surplus men
JEL: 
F3
F4
J1
J7
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/igo/
Document Type: 
Working Paper

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