What Makes Currencies Volatile?An Empirical Investigation

Real effective exchange rate volatility is examined for 90 countries using monthlydata from January 1990 to June 2006. Volatility decreases with openness tointernational trade and per capita GDP, and increases with inflation, particularlyunder a horizontal peg or band, and with terms-of-trade volatility. The choice ofexchange rate regime matters...

MoreLess

Year of publication:	2008-09-01
Authors:	Bleaney, Michael F. ; Francisco, Manuela
Institutions:	University <Nottingham> / Department of Economics
Subject:	Volatilität \| Wechselkurs \| Inflation \| Welthandel \| World Trade \| Währung \| currency

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	160768 bytes 39 p. application/pdf
Series:	The University of Nottingham / School of Economics - discussion papers Discussion Paper ; No. 08/09
Type of publication:	Book / Working Paper
Language:	English
Classification:	F31 - Foreign Exchange ; Financial theory ; Procurement of capital ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005868573