volatility) for the current account using a panel data analysis for a set of 58 countries, over the period of 1994-2014. The …

research. The volatility is generally perceived as negatively affecting international trade. While theoretical predictions and … 2014, this paper uncovers no significant effects of exchange rate volatility on imports. In the case of exports, however …, the study finds a negative effect of volatility in the short-run, consistent with the above view, but a positive impact in …

This paper studies various approaches to the equilibrium real effective exchange rate estimation, including structural … and direct estimation approaches. It shows their strengths and weaknesses with application to the case of Latvia. Despite …