drivers of volatility at the industry level in open economies. Our methodology separately accounts for demand shocks … originating in the home and foreign markets. Using a panel of manufacturing and trade data, our findings suggest that, independent … of the level of aggregation, output volatility is driven primarily by shocks originating in the destination markets for …

, and volatility in the remittance-sending country …

sector development acts as a shock-absorber in poor countries, dampening the transmission of terms of trade shocks to growth …-whether financial intermediation is performed through banks or markets-for macroeconomic volatility, against the backdrop of increased … frequent terms of trade shocks, the paper focuses on a sample of 38 LICs over the period 1978-2012 and finds that banking …

are 0.62. The past shocks and agricultural exports increased agriculture share of GDP volatility. …

This paper assesses how regional trade agreements (RTAs) impact growth volatility on a worldwide sample of 170 … countries with data spanning the period 1978-2012.Notwithstanding concerns that trade openness through RTAs can heighten … benefits outweigh the costs as RTAs are consistently associated with lower growth volatility, after controlling for trade …

direction and magnitude of the association between firm-level exposure to trade and the volatility of employment growth. We find …In this paper, we use detailed trade and transactions data for the U.S. manufacturing sector to empirically analyze the … that, relative to purely domestic firms, firms that only export and firms that both export and import are less volatile …

direction and magnitude of the association between firm-level exposure to trade and the volatility of employment growth. We find …In this paper, we use detailed trade and transactions data for the U.S. manufacturing sector to empirically analyze the … that, relative to purely domestic firms, firms that only export and firms that both export and import are less volatile …

's imports and exports during the period 1980-2015. The results show that the volatility of the real exchange rate significantly …With the emergence of floating regimes, exchange rate volatility has received a lot of attention in economic research … affects imports and exports. In addition, the increase in exchange rate uncertainty has had long-term adverse effects on …

, a theoretical model is developed to explain price transmission for different trade regimes. Drawing from the competitive … if no trade takes place but future trade is expected. Using a global database on food prices, we construct national and …

This paper studies the effect of trade policy uncertainty on firm-level volatility. Using data on exporting firms from … volatility of firm-level export to the US and increases the volatility of export to the rest of the world, suggesting a risk …-sharing effect among export destinations. In the aggregate level, the shock in trade policy uncertainty has no significant effect on …