The authors examine the impact of exchange rate volatility on trade in the Organization of the Islamic Conference (OIC … threshold effects. Results reveal that exchange rate volatility generally has significant negative effect on export and import … volatility. The authors also document a threshold effect for countries with trade value constitutes more than 30% of the real …

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-a-vis the euro significantly lowers … employment growth. Hence, the elimination of exchange rate volatility could be considered as a substitute for a removal of …

look at the impact of "mistakes" in exchange rate regime choice on actual (nominal) exchange rate volatility. Countries … exchange rate volatility than other countries having a fixed exchange rate regime. We also investigate the role of such …

This paper addresses the puzzle of regime-dependent volatility in foreign exchange. We extend the literature in two … induce volatility under flexible rates because they have portfolio-balance effects on price, whereas under fixed rates the …