I reread all papers about the empirics of economic growth
Man, the Exchange rate has nothing to do with growth, I learnt.
Fixed rate regimes increase output volatility, but it´s basically that
Jesus, where did belluzer get his mania?
One has to beware of omitted variable bias (but I guess the Loser cant grasp the idea): domestic savings affect both the Exchange rate and growth rates (the latter under certain conditions).
Once I told Rodrik about that, but he feigned he couldnt understand my accent. Shit, that´s why I moved to MA, to improve my accent. It is not working.
ps. people are suggesting i am Pedro Cavalcanti or Marcio Garcia, or Celso T. Man, I am a linear combination of all of them...