This paper aims to establish particularities for the relationship between exchange rate volatility and the international trade in Romania. Currency depreciation, normally, should stimulate exports, because they become cheaper to foreign products and to discourage imports because they will spend...

This study is aimed at estimating the Exchange Rate Pass Through (ERPT) to export prices of Indian Automobiles at HS 8 digit level classification. Using profit maximising approach of firms, in lines of Bailliu and Fujii (2004) theoretical specification this paper estimates the ERPT elasticities...

The study of the services trade balance dynamics following depreciation is a novel topic in international finance literature, with limited empirical research conducted (principally in the US context). This paper examines the relationship between the real exchange rate and the services trade...

We study the behavior of the Real Effective Exchange Rate (REER) of the dirham against the European currencies (the EU15), over the period 1960–2000. We measure the volatility using standard deviation, and the misalignments as the difference between the actual REER and the equilibrium REER...

This paper examines the effects of the real exchange rate changes on the selected sectoral exports of Turkey’s manufacturing industry in the context of nonlinear auto-regressive distributed lag model (NARDL). NARDL method includes short-run and long-run coefficient estimates and embraces the...

This research paper analyses the extent to which Covid-19 changes hold an asymmetric impact on the US dollar exchange rate for the period starting from the 01st March 2020 to the 28th of August 2020. In order to attain this objective, an asymmetric nonlinear co-integration approach (NARDL) is...

Using annual data (1970-2004), this study re-examined the hypothesis that exchange rate volatility may dampen export demand in Malaysia and Turkey. In particular, this study attempts to investigate the impact of exchange rate volatility on exports after taking into consideration the presence of...

This paper examines the bilateral trade dynamics of the EU with its major trade partners. Previous studies on the bilateral trade dynamics of the EU have been based on estimations without the consideration of the presence of structural breaks. This paper examines the impacts of the real exchange...

This paper examines two measures of the equilibrium real exchange rate using the Macroeconomic Balance (MB) and the Natural Real Exchange Rate (NATREX) approaches. Unlike previous studies, this study controls for business cycle effects and the debt sustainability position of countries on the...

This paper estimates exchange rate sensitivity of US cotton imports for three textile producers with floating or regularly adjusting exchange rates since the 1970s, Bangladesh, Indonesia, and Thailand. The cotton import market model includes mill use, US production cost, and an alternate supply....