Ngouana, Constant Lonkeng - International Monetary Fund (IMF) - 2012
This paper assesses the role of trade patterns in shaping the volatility of the effective exchange rate under two … emphasis on the dynamics of trade patterns. In an application to the WAEMU (West African Economic and Monetary Union), I find … in WAEMU trade patterns, away from euro area countries and toward the ?"BICs" (Brazil, India, and China). These findings …