Bahmani-Oskooee, Mohsen; Arize, Augustine Chuck - In: Journal of Economic Studies 47 (2020) 5, pp. 969-984
Purpose: The purpose is to assess the asymmetric effects of exchange rate changes on the trade balance using data from African nations. Design/methodology/approach: The methodology is based on the most recent development in asymmetry cointegration and error-correction modeling. Findings: While...