rate volatility of the currencies in the West African Monetary Zone (WAMZ) for the period 1960M01-2011M12. The study … selects a sub-sample period of 2000M1 to 2011M12 to investigate whether central bank intervention decreases volatility of the … other countries. The impact of central bank intervention on exchange rate volatility is also found to be inconclusive for …

This paper empirically investigates the exchange rate volatility-FDI nexus in selected Economic Community of West … Toda-Yamamoto (1995) causality techniques, the effects of exchange rate volatility on FDI and causality relationship … between the two are examined. The empirical results show that the estimated coefficient of nominal exchange rate volatility is …

highlights the fact that high exchange rate volatility may as well signal high costs for labor markets. The impact of exchange … rate volatility on labor markets in the CEECs is analyzed, finding that volatility vis-à-vis the euro significantly lowers … employment growth. Hence, the elimination of exchange rate volatility could be considered as a substitute for a removal of …

This paper considers the effect of currency union on exchange rate volatility. At a theoretical level, a simple … framework is developed for thinking about volatility and exchange rate arrangements and some inferences are drawn from it …. Empirically, the interaction between currency areas and exchange rate volatility is analysed by constructing counterfactual …