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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
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
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
Throughout Pakistan's history, policy has sought to promote exports through government support and incentives. The … that, over the long run, the export financing scheme had a negative effect on exports while the rebate/refund scheme … affected exports insignificantly. Subsidy schemes clearly do not seem to work, yet they have been retained for many years …
Persistent link: https://www.econbiz.de/10014050075
This paper aims to quantify the impact of nominal exchange rate volatility on nominal trade flows with a particular focus on the Czech Republic. The paper shows that the magnitude of the impact differs when a dynamic model is used instead of static model.
Persistent link: https://www.econbiz.de/10010235255
. The findings confirm that a strategy that depreciates Vietnam’s currency appears to enhance manufacturing exports in the …
Persistent link: https://www.econbiz.de/10011961540
impact of exchange rate risk on exports. Based on a flexible utility function that incorporates all possible risk preferences …
Persistent link: https://www.econbiz.de/10011638802
In this paper bilateral models formalizing monthly growth of US imports and exports are employed to investigate the … nonlinear and, moreover, lacks homogeneity across countries and imports vs. exports …
Persistent link: https://www.econbiz.de/10010296439
Engel and Rogers (1996) find that crossing the US-Canada border can considerably raise relative price volatility and that exchange rate fluctuations explain about one-third of the volatility increase. In re-evaluating the border effect, this study shows that cross-country heterogeneity in price...
Persistent link: https://www.econbiz.de/10010274494
In this paper, we estimate the exchange rate exposure, indicating the effect of exchange rate movements on firm values, for a sample of 1,400 firms in seven East Asian countries. The exposure estimates based on various exchange rate variables, return horizons and a control variable are compared....
Persistent link: https://www.econbiz.de/10011765037