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This paper approaches the relation between the exchange rate volatility and the Romanian exports to the Euro Area. We … model. We find a negative and weak influence of the exchange rate volatility on the exports, which could be connected with …
Persistent link: https://www.econbiz.de/10013096938
effect of volatility on ECOWAS-Eurozone exports (EEE) is asymmetric. The study also investigates the impact of foreign income …This article evaluates the asymmetric impact of exchange rate volatility on the exports of nine ECOWAS countries to the … Eurozone. By comparing Autoregressive Distributed Lag (ARDL) and Nonlinear ARDL (NARDL) models, the study concludes that the …
Persistent link: https://www.econbiz.de/10015394230
uncertainty spillovers from the Eurozone. The resulting time series serves as a forwardlooking measure of exchange rate …
Persistent link: https://www.econbiz.de/10011946988
news and communication along with the estimated exchange rate misalignment on exchange rate as well as its volatility …
Persistent link: https://www.econbiz.de/10009764449
investment and a relationship between trade and exchange rate volatility that depend on the sign of bilateral trade balances …
Persistent link: https://www.econbiz.de/10011372974
This paper analyzes the effects of exchange rate volatility on bilateral trade flows. Through use of a gravity model … attention is reserved for problems of simultaneous causality. The negative correlation between trade and bilateral volatility …
Persistent link: https://www.econbiz.de/10012782203
This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … find that the Bundesbank has dominated the news coverage. We conclude that ECB statements have mainly influenced volatility …
Persistent link: https://www.econbiz.de/10013319980
In this companion paper to Broll and Mukherjee (2017), we empirically analyse how exchange rate volatilities affect firms optimal production and exporting decisions. The firms elasticity of risk aversion determines the direction of the impact of exchange rate risk on exports. Based on a flexible...
Persistent link: https://www.econbiz.de/10011638802
After presenting the institutional construction during the pre-accession and post-accession to the Economic and Monetary Union (EMU), the exchange rate mechanisms (ERM) in several countries and the convergence criteria, we go on with a brief analysis of the way the CEE countries cope with the...
Persistent link: https://www.econbiz.de/10010529098
In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given …. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different … volatility measures and four country groups. In autoregressive models, a significant disturbing impact of volatility can be found …
Persistent link: https://www.econbiz.de/10001362959