BAHMANI-OSKOOEE, MOHSEN; HARVEY, HANAFIAH; HEGERTY, SCOTT W. - In: Journal of Economic Development 37 (2012) 1, pp. 1-27
Even though numerous empirical studies have investigated the effects of the post-Bretton Woods increase in exchange-rate volatility, they have not reached a consensus whether this uncertainty universally reduces trade flows. As a result, recent studies have employed industry-level data to...