exchange rate regimes indicates that currency volatility exerts only a small influence upon the level of investment spending …This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate … regimes (very hard pegs, intermediate regimes, and floats) by means of a unified approach. The comparison of different …

exchange rate regimes indicates that currency volatility exerts only a small influence upon the level of investment spending …This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate … regimes (very hard pegs, intermediate regimes, and floats) by means of a unified approach. The comparison of different …

The paper investigates the impact of foreign currency lending in the Hungarian corporate sector on real investment … cost and easing liquidity constraints – contributed to larger investment before the crisis. The second question focuses on … investment rate for firms with foreign currency loans. We try to separate and measure both the competitiveness and balance sheet …

methods. The effects of several model characteristics(unit roots, GARCH, stochastic volatility, heavy tailed …