This paper aims to investigate the validity of the J-curve hypothesis between Brazil and the USA using quarterly data for the period of 1981Q1- 2015Q1. To achieve this aim, the vector error correction (VEC) with cointegration, NARX (non-linear autoregressive exogenous) and ANFIS (adaptive...

Contrary to most existing studies of the literature that assumed that the effects of real exchange rate (RE) misalignment on trade flows are symmetric, this paper considers a more general and realistic framework allowing for possible asymmetric effects. We use monthly time-series data over the...

The People's Republic of China (PRC)'s current account surplus, its growing foreign exchange reserves, and its shifting policies on exchange rate adjustment have become a central preoccupation of United States (US) trade policy. The paper considers the evolving political economy of the US policy...

Through the application of multiple regression analysis, vector autoregression and autoregressive distributive lag modelling, this paper empirically studies the relationship between the United States’ bilateral trade deficit with India with the Dollar/Rupee exchange rate and the rates of...

This paper investigates both the effects of domestic monetary policy and external shocks on fundamental macroeconomic variables in six fast growing emerging economies: Brazil, Russia, India, China, South Africa and Turkey - denoted hereafter as BRICS_T. The authors adopt a structural VAR model...

This paper uses firm-product-destination level trade data from Hungary linked to Eurostat data on unit values and quantities in production, imports and exports of products in EU member states to see how firms react following price and exchange rate changes in their export markets. The results...

This paper aims to investigate the validity of the J-curve hypothesis between Brazil and the USA using quarterly data for the period of 1981Q1- 2015Q1. To achieve this aim, the vector error correction (VEC) with cointegration, NARX (non-linear autoregressive exogenous) and ANFIS (adaptive...

In this paper we analyze the effects of the real exchange rate volatility on disaggregated sectoral data on the trade flows between the United States and Spain. This study uses monthly trade flows on United States exports to and imports from Spain over the period from January 1993 to December...

In the context of the debate on the global imbalances, this study investigates the determinants of US trade balance in a Non-linear ARDL framework which accounts for the asymmetric and nonlinear effects of real exchange rate dynamics. Drawing on the data from 1994Q1 to 2018Q1, our key empirical...

We investigate the extent to which the effect of the 2018/2019 US import tariff hikes on US (post-tariff) import prices was offset by the concurrent appreciation of the US dollar and trace the source of the appreciation back to US trade policy itself. The dollar response to trade policy...