The introduction of the electric vehicle to European industry is seen important for many reasons. It will bring new market opportunities and new jobs. At the same time it would provide better energy efficiency and reduce greenhouse gas emissions. The development of electric vehicle industry...

We lay out an empirical and a theoretical model to analyze the effects of non-fundamental exchange rate volatility on economic activity and welfare. In the first part of the paper, the GARCH-SVARmodel is applied to measure empirically the effect of the conditional exogenous exchange rate...