Rey, Serge - In: Journal of Economic Development 31 (2006) 2, pp. 23-54
This paper investigates the impact of nominal and real effective exchange rate volatility on exports of six Middle … measures of volatility for each country. The cointegration results indicate a significant relationship, negative for four … exchange rate volatility. The short run dynamics, using an error correction model, shows that the Granger, causality effects of …