Lee, Chien-Hui; Li, Shu-Hui; Lee, Jen-Yu - In: Journal of risk and financial management : JRFM 15 (2022) 8, pp. 1-20
This paper aims to examine the symmetric and asymmetric effects of third country exchange rate volatility on the trade … and import industries are the sample frame. We find that separating increased volatility from declines and introducing a … nonlinear adjustment to the volatility shows a more significant outcome than symmetric analysis. Different industries carry …