Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1498330282
Category : Business & Economics
Languages : en
Pages : 132
Book Description
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Exchange Rate Volatility and Trade Flows--Some New Evidence
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1498330282
Category : Business & Economics
Languages : en
Pages : 132
Book Description
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A New Look at Exchange Rate Volatility and Trade Flows
Author: Mr. Peter B. ClarkPublisher: International Monetary Fund
ISBN: 1452733872
Category : Business & Economics
Languages : en
Pages : 72
Book Description
The effect of exchange rate volatility on trade flows was examined by a 1984 IMF study on G-7 countries. Over the past two decades, many developments in the world economy, such as the currency crises in the 1990s and increasing cross-border capital flows, may have exacerbated exchange rate volatility, while others, such as a deepening of the market in foreign exchange hedging instruments, may have reduced the impact of volatility on trade flows. Using recent advances in the economic theories on trade and in statistical methodologies, this paper revisits this important issue by taking into account these new developments and examining their effects on developing and transition economies, as well as on developed countries.
Exchange Rate Fluctuations and Trade Flows
Author: Mr.Giovanni Dell'AricciaPublisher: International Monetary Fund
ISBN: 1451852959
Category : Business & Economics
Languages : en
Pages : 28
Book Description
This paper analyzes the effects of exchange rate volatility on bilateral trade flows. Through use of a gravity model and panel data from western Europe, exchange rate uncertainty is found to have a negative effect on international trade. The results seem to be robust with respect to the particular measures representing exchange rate uncertainty. Particular attention is reserved for problems of simultaneous causality. The negative correlation between trade and bilateral volatility remains significant after controlling for the simultaneity bias. However, a Hausman test rejects the hypothesis of the absence of simultaneous causality.
A New Look at Exchange Rate Volatility and Trade Flows
Author: Peter Barton ClarkPublisher: Occasional Papers
ISBN: 9781589063587
Category : Business & Economics
Languages : en
Pages : 63
Book Description
The effect of exchange rate volatility on trade flows was examined by a 1984 IMF study on G-7 countries. Over the past two decades, many developments in the world economy, such as the currency crises in the 1990s and increasing cross-border capital flows, may have exacerbated exchange rate volatility, while others, such as a deepening of the market in foreign exchange hedging instruments, may have reduced the impact of volatility on trade flows. Using recent advances in the economic theories on trade and in statistical methodologies, this paper revisits this important issue by taking into account these new developments and examining their effects on developing and transition economies, as well as on developed countries.
Exchange Rate Volatility and World Trade
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 9781557750655
Category : Business & Economics
Languages : en
Pages : 76
Book Description
In View of the continuation of substantial movements in exchange rate relationships among major currencies, the recent increase in protectionist pressures, and the disappointing performance of world trade, renewed concern has been expressed about the possible adverse effects of exchange rate variability on trade. Against the background of this concern, the following decision was reached at the ministerial meeting of the General Agreement of Tariffs and Trade (GATT) in November 1982.
Exchange Rate Volatility and Its Effects on International Trade Flows
Author: James William SnyderPublisher:
ISBN:
Category : Commerce
Languages : en
Pages : 68
Book Description
Menu Costs, Trade Flows, and Exchange Rate Volatility
Author: Logan T. LewisExchange Rate Volatility and Trade Flows
Author: Oktay ÖksüzlerExchange Rate Volatility and International Trade Flows
Author: Dashing LaoPublisher:
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 318
Book Description
Commodity Prices and Markets
Author: Takatoshi ItoPublisher: University of Chicago Press
ISBN: 0226386899
Category : Business & Economics
Languages : en
Pages : 346
Book Description
Fluctuations of commodity prices, most notably of oil, capture considerable attention and have been tied to important economic effects. This book advances our understanding of the consequences of these fluctuations, providing both general analysis and a particular focus on the countries of the Pacific Rim.