Anderton, Bob; Baltagi, Badi H.; Skudelny, Frauke; … - 2005
volatility affects trade, only a few time series studies find a significant impact of exchange rate
uncertainty on trade, with … Rodrik, 1986; and Sekkat, 1998).
Meanwhile, cross sectional studies, such as Hooper and Kohlhagen (1978), De Grauwe (1987 … this effect is, in most cases,
relatively small.
Skudelny (2002), however, argues that studies based on panel data like …