Aye, Goodness C.; Gupta, Rangan; Moyo, Prudence S.; … - In: Journal of International Commerce, Economics and Policy … 06 (2015) 01, pp. 1550004-1
This paper examines the impact of real effective exchange rate uncertainty (REER) on aggregate exports of South Africa for the period 1986Q4–2013Q2. Using a bivariate framework where the structural vector autoregression (VAR) is modified to accommodate bivariate GARCH-in-Mean (GARCH-M) errors,...