A Darwinian Perspective on "Exchange Rate Undervaluation"
---- Acknowledgements -----
This paper previously circulated as "Sex Ratios and Exchange Rates." This research is supported by US National Science Foundation grant SES-1024574, which we gratefully acknowledge. We thank Zhi Wang for some of the data, and Jeff Frankel, Takatoshi Ito, Francis Lui, Andrew Rose, Xiaobo Zhang and conference/seminar participants at the NBER, UC Berkeley, UC Davis, Columbia University, the International Monetary Fund, Federal Reserve Bank of San Francisco, the World Bank, the Bank for International Settlement, the Reserve Bank of Australia, and University of Zurich for helpful comments and Joy Glazener for editorial help. We are solely responsible for any possible errors in the paper. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.