Morales-Zumaquero, Amalia; Sosvilla-Rivero, Simon - In: Journal of International Money and Finance 29 (2010) 1, pp. 139-168
This paper attempts to determine whether or not nominal exchange rate regimes affect the volatility of bilateral and effective real exchange rates. To that end, we examine the real exchange rate behaviour for a set of OECD and non-OECD countries during the 1960-2006 period, therefore covering...