The exchange rate effect of separate risk hedging is economically significant and amounts to a return difference of 3.6 percent over a 5 day event window between currencies with high and low risk hedging value. The results of the classical event study analysis are confirmed by a new and more ...
The results also show that the fixed currency system has a positive and significant effect on the price index of imports of sporting goods. So that the rate of exchange rate exchange on the index of prices of imports of sporting goods in the fixed currency system was 0.43 and the floating ...
exchangerateeffectsvolume汇率volatility Exchange Rate Effects on the Volume and Variability of Trade Flows John T. Barkoulas Department of Economics University of Tennessee Knoxville, TN 37996 USA Christopher F. Baum § Department of Economics Boston College Chestnut Hill, MA 02467 USA Mustafa Caglayan...
exchange rate- the charge for exchanging currency of one country for currency of another rate of exchange charge per unit,rate- amount of a charge or payment relative to some basis; "a 10-minute phone call at that rate would cost $5" ...
Exchange rate volatilityExport tradeImport tradeThe exchange rate volatility always plays a key role in import and export trade. This paper investigates the effect of nominal RMB exchange rate volatility on economic growth in China from 1981 to 2012. Through the ADF stationary test, the co-...
exchange rate refers to the price of a currency expressed in terms of another currency. It is determined by the demand and supply of the currency. 考点2: 货币增值/贬值与货币的供需 The increase in the value of a currency in a floating exchange rate system is called an appreciation. Anapprec...
Effect of exchange‐rate volatility on foreign direct investment in Sub‐Saharan Africa Purpose – The present study aims at using a broader data set and longer time frame coupled with a relatively rigorous and robust methodology to examine th... A Kyereboah‐Coleman,KF Agyire‐Tettey - 《Jour...
I use firm-level data on investment and evaluate the balance sheet effect of changes in the exchange rate. The fact that a depreciation not only generates an expansion (for a small open economy that exports raw materials) but also has the potential of recession (in a dollarized economy in ...
The Effect of Exchange Rate Variation on U.S. Textile and Apparel Imports. Federal Reserve Bank of Richmond Economic Review May/June - Chmura - 1987Chmura, C. 1987. The effect of Exchange Rate Variation on U.S. Textiles and Apparel Imports. Economic Review, 73 (3): 17-23 (Federal ...
The trade effects of exchange rate variability have been an issue in international economics for the past 30 years. The contribution of this article is to apply meta-regression analysis (MRA) to the empirical literature. On average, exchange rate variability exerts a negative effect on international...