Estimation and simulation of sustainable real exchange rates in some of the new EU accession countries point to …

volatility of the real exchange rate when all frequencies are studied. The puzzle is that the model generates too much …

the variations in real exchange rate changes during the estimation period. The paper also finds that supply shocks are as …

We examine the relationship between South African Rand and gold price volatility using monthly data for the period 1980 … volatility but the causality runs the other way around for the post-liberalization period. These findings suggest that gold price … volatility plays a key role in explaining both the excessive exchange rate volatility and current disproportionate share of …

, institutional, political and social underpinnings to uncover the “missing” determinants of exchange rate volatility over time and … results are generally robust across different estimation methodologies and show a high degree of persistence in exchange rate … volatility, especially in emerging market economies. After controlling for standard macroeconomic factors, we find that the “soft …

exchange rate volatility are investigated for 48 countries. Estimation of panel data models indicates that nominal exchange … rate volatility decreases following dissemination of reserves template data while the effects of indebtedness and reserve … adequacy on volatility exhibit statistically significant changes …