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This study investigates the impacts of public expenditure innovations on exchange rate volatility in South Africa using quarterly data for the period 1970-2019. To achieve this objective, a version of the vector autoregressive impulse response model proposed by Jordà is employed and the...
Persistent link: https://www.econbiz.de/10012509885
The article provides estimates of short-run and medium-run exchange rate pass-through into domestic prices in Russia during the period of 2000–2012 using vector error correction model. Exchange rate pass-through asymmetry estimates, its assessments on different sub-periods and exchange rate...
Persistent link: https://www.econbiz.de/10011398366
Micro-level empirical research has begun to obtain important results on the effects of currency variations on firms' survival. To date, the literature has lacked detailed analysis of the effects of exchange rates on firms' survival behavior in emerging markets due to a scarcity of firm level...
Persistent link: https://www.econbiz.de/10010255367
exports. Using Korean data, first we find evidence that unanticipated currency depreciation increases the firm-level real … expansionary effect of an improvement in price competitiveness. However, the overall effect of currency depreciation on exports is …
Persistent link: https://www.econbiz.de/10012970960
Dominant currency pricing (DCP) weakens the demand-side effects of exchange rate changes on exports (Gopinath et al … significant increase in average exports per firm (the intensive margin), while the aggregate export response is mainly driven by …
Persistent link: https://www.econbiz.de/10012596321
exports. Using Korean data, first we find novel evidence that unanticipated currency depreciation increases the firm … competitiveness. The overall effect of currency depreciation on exports is found to be contractionary, and our estimation has captured …
Persistent link: https://www.econbiz.de/10010888331
This paper estimates the equilibirum level of the real exchange rate for Indonesia in order to measure the extent of …
Persistent link: https://www.econbiz.de/10014073319
We analyse the impact of volatility per se on real exports for a small open economy concentrating on Irish trade with …
Persistent link: https://www.econbiz.de/10012729842
rate of growth of exports in the eurozone since the start of the crisis. To that end, they estimate export functions … impact of exchange rate volatility on the exports of the countries analysed, suggesting that financial markets were developed … enough so that exchange rate volatility does not hinder the evolution of exports. …
Persistent link: https://www.econbiz.de/10012160035
rate of growth of exports in the eurozone since the start of the crisis. To that end, the authors estimate export functions … impact of exchange rate volatility on the exports of the countries analysed, suggesting that financial markets were developed … enough so that exchange rate volatility does not hinder the evolution of exports. …
Persistent link: https://www.econbiz.de/10012120065