Wong, Yii Siing; Ho, Chong Mun; Dollery, Brian - In: Applied Financial Economics 22 (2012) 24, pp. 2027-2034
This article investigates empirically both linear and nonlinear relationships between exchange rate volatility and import flows for the United States and Malaysia. Previous empirical work has neglected nonlinear relationships, focusing instead on linear causal relationships between exchange rate...