rate volatility of the currencies in the West African Monetary Zone (WAMZ) for the period 1960M01-2011M12. The study … selects a sub-sample period of 2000M1 to 2011M12 to investigate whether central bank intervention decreases volatility of the … other countries. The impact of central bank intervention on exchange rate volatility is also found to be inconclusive for …

highlights the fact that high exchange rate volatility may as well signal high costs for labor markets. The impact of exchange … rate volatility on labor markets in the CEECs is analyzed, finding that volatility vis-à-vis the euro significantly lowers … employment growth. Hence, the elimination of exchange rate volatility could be considered as a substitute for a removal of …