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This paper aims to quantify the impact of nominal exchange rate volatility on nominal trade flows with a particular focus on the Czech Republic. The paper shows that the magnitude of the impact differs when a dynamic model is used instead of static model.
Persistent link: https://www.econbiz.de/10010235255
The link between export performance and exchange rate policy has been attracting attention from policymakers, academics … policy that devalues the currency in Vietnam is an important factor for enhancing its export performance. However, it is also … between exchange rate devaluation, volatility, and export performance. The analysis focuses on the manufacturing sector and 10 …
Persistent link: https://www.econbiz.de/10011961540
even greater in the cases of the European Union and the eurozone, where the rates of export growth have even reached … rate of growth of exports in the eurozone since the start of the crisis. To that end, they estimate export functions … computed using as deflators both Export prices and unit labour costs. The empirical results show no clear-cut evidence on the …
Persistent link: https://www.econbiz.de/10012160035
even greater in the cases of the European Union and the eurozone, where the rates of export growth have even reached … rate of growth of exports in the eurozone since the start of the crisis. To that end, the authors estimate export functions … computed using as deflators both export prices and unit labour costs. The empirical results show no clear-cut evidence on the …
Persistent link: https://www.econbiz.de/10012120065
This paper attempts to analyze the direct impact of exchange rate volatility on the export performance of ten Central … aggregate but also bilateral and sectoral export flows are studied. To this end, we first analyze shifts in exchange rate … in our export function. The results suggest that the size and the direction of the impact of forex volatility and of …
Persistent link: https://www.econbiz.de/10005190669
Using annual data (1970-2004), this study re-examined the hypothesis that exchange rate volatility may dampen export … economic integration in promoting export is also of concern to this study. The empirical evidence demonstrates that despite the …
Persistent link: https://www.econbiz.de/10011108275
This paper attempts to analyze the direct impact of exchange rate volatility on the export performance of ten Central … aggregate but also bilateral and sectoral export ows are studied. To this end, we rst analyze shifts in exchange rate volatility … export function. The results suggest that the size and the direction of the impact of forex volatility and of regime changes …
Persistent link: https://www.econbiz.de/10005784721
Money throughout the world has been operating without a defined denominator. Currency names identify nationality but not value. Equal work time is now and has been the center line of gravity of currency exchange rates since the IMF began publishing the data to see it, since 1948. Adoption of an...
Persistent link: https://www.econbiz.de/10013121313
Increased attention is being paid to assessments of the actual values of countries' real exchange rates relative to their 'equilibrium' values as suggested by 'fundamental' determining factors. This paper assesses the robustness of alternative approaches and models commonly used to derive...
Persistent link: https://www.econbiz.de/10012779169
Sweden represents an archetypal welfare state economy, with extensive government safety nets. Some scholars have attributed a decline in its per capita income ranking since 1970 to "eurosclerosis" or sluggish growth caused by distortionary policies. This paper argues rather, that the permanent...
Persistent link: https://www.econbiz.de/10013212321