Arratibel, Olga; Furceri, Davide; Martin, Reiner; … - Groupe d'Analyse et de Théorie Économique Lyon … - 2009
This paper analyzes the relation between nominal exchange rate volatility and several macroeconomic variables, namely … rate volatility is associated with higher growth, higher stocks of FDI, higher current account deficits, and higher excess … Eastern European EU Member States. Using panel estimations for the period between 1995 and 2008, we find that lower exchange …