Trade Flows, Exchange Rate Uncertainty, and Financial Depth: Evidence from 28 Emerging Countries
نویسندگان
چکیده
منابع مشابه
The volatility of international trade flows and exchange rate uncertainty∗
Empirical evidence obtained from data covering Eurozone countries, other industrialized countries, and newly industrialized countries (NICs) over 1980– 2006 shows that exchange rate uncertainty has a consistent positive and significant effect on the volatility of bilateral trade flows. A one standard deviation increase in exchange rate uncertainty leads to an eight per cent increase in trade vo...
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We present an empirical investigation of the hypotheses that exchange rate uncertainty may have an impact on both the volume and variability of trade flows by considering a broad set of industrial countries’ bilateral real trade flows over the period 1980–1998. Similar to the findings of earlier theoretical and empirical research, our first set of results shows that the impact of exchange rate ...
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ژورنال
عنوان ژورنال: Southern Economic Journal
سال: 2013
ISSN: 0038-4038
DOI: 10.4284/0038-4038-2011.174