Lee, Chien-Hui; Li, Shu-Hui; Lee, Jen-Yu - In: Journal of risk and financial management : JRFM 15 (2022) 8, pp. 1-20
This paper aims to examine the symmetric and asymmetric effects of third country exchange rate volatility on the trade flow between the US and EU from January 2003 through March 2021. The monthly disaggregated data of the top twelve export and import industries are the sample frame. We find that...