Baggs, Jen; Beaulieu, Eugene; Fung, Loretta - In: Canadian Journal of Economics 42 (2009) 2, pp. 393-421
This paper examines the impact of exchange rate movements on firm survival and sales. We exploit detailed Canadian firm-level data from 1986 to 1997, a period in which the Canadian dollar appreciated approximately 30% in the first six years and depreciated 30% in the later six years. We find...