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impact of the creation of the European Monetary System (EMS) on the volume of intra-European Union (EU) exports for eight EU … countries. We find that for Ireland the EMS boosted the volume of intra-EU exports, whereas for Belgium, Denmark, and Germany …, the EMS led to a decline in intra-EU exports. In the rest of the countries, there has not been a significant effect …
Persistent link: https://www.econbiz.de/10009391975
world market demand together with the level of exports constitute a significant cointegration relationship. A forecasting …
Persistent link: https://www.econbiz.de/10004980639
incomes. Point estimates of the effect of real exchange rate volatility on the volume of exports are consistently negative and …
Persistent link: https://www.econbiz.de/10005168563
This paper studies how firm-level export performance is affected by Real Exchange Rate (RER) volatility and investigates whether this effect depends on existing financial constraints. Our empirical analysis relies on export data for more than 100,000 Chinese exporters over the period 2000-2006....
Persistent link: https://www.econbiz.de/10011345523
impact of exchange rate risk on exports. Based on a flexible utility function that incorporates all possible risk preferences …
Persistent link: https://www.econbiz.de/10011638960
This paper studies how firm-level export performance is affected by Real Exchange Rate (RER) volatility and investigates whether this effect depends on existing financial constraints. Our empirical analysis relies on export data for more than 100,000 Chinese exporters over the period 2000-2006....
Persistent link: https://www.econbiz.de/10011374313
This paper studies how firm-level export performance is affected by Real Exchange Rate (RER) volatility and investigates whether this effect depends on existing financial constraints. Our empirical analysis relies on export data for more than 100,000 Chinese exporters over the period 2000-2006....
Persistent link: https://www.econbiz.de/10010631748
This paper examines the impact of real effective exchange rate uncertainty on aggregate exports of South Africa for the … bivariate GARCH-in-Mean errors. We find that exchange rate uncertainty has a significant and negative effect on exports. There … response of real exports to exchange rate shocks. Furthermore, real exports respond asymmetrically to negative and positive …
Persistent link: https://www.econbiz.de/10010711931
semiconductor exports in both the long-run and the short-run. In the light of rapid advances in technology in the global markets for …
Persistent link: https://www.econbiz.de/10005064131
Since financial derivatives are key instruments for risk taking as well as risk reduction, it is only straightforward to examine their role in currency crises. This paper addresses this issue by investigating the impact of currency futures trading on the underlying exchange rates. After a...
Persistent link: https://www.econbiz.de/10010262985