Hayakawa, Kazunobu; Kimura, Fukunari - In: Journal of the Japanese and International Economies 23 (2009) 4, pp. 395-406
In this paper, we empirically investigate the relationship between exchange rate volatility and international trade, focusing on East Asia. Our findings are summarized as follows: first, intra-East Asian trade is discouraged by exchange rate volatility more seriously than trade in other regions....