This paper investigates the effect of real exchange rate misalignment and volatility on Malaysian import flows during 1991:Q1 to 2003:Q4. A measure of the quantitative proxy of the real exchange rate misalignment is constructed using the Natural Real Exchange Rate (NATREX) equilibrium model,...

This paper reviews the literature dealing with the effects of exchange rate volatility on trade. The overall evidence is best characterized as mixed as the results are sensitive to the choices of sample period, model specification, proxies for exchange rate volatility and countries considered...

Using the Scopus database from 1975 to 2022, we conduct a bibliometric analysis of how the exchange rate changes affect international trade. We use the VOSviewer software to analyze authors' keywords, co-citation, and bibliographic coupling and the Gephi software to visualize the network maps....

We quantify the effect of exchange rate fluctuations on firm leverage. When home currency appreciates, firms who hold foreign currency debt and local currency assets observe higher net worth as appreciation lowers the value of their foreign currency debt. These firms can borrow more as a result...

This paper examines the impact of exchange rate risk on Turkish textile export. Firstly, the background information regarding the history of exchange rate volatility and textile industry in Turkey is explained. Then the elements that create textile sector production and export are elaborated...

This paper surveys a wide body of economic literature on the relationship between currencies and trade. Specifically, two main issues are investigated: the impact on international trade of exchange rate volatility and of currency misalignments. On average, exchange rate volatility has a negative...

I develop a search-theoretic model to study how consumers' search behavior responds to exchange rate volatility. The model offers two main predictions. First, the number of cross-border travelers is increasing in exchange rate volatility. Second, the elasticity of cross-border travel with...

In this paper we approach the impact of the exchange-rate volatility on the Romanian exports to the Euro Area. We employ a Vector Autoregressive model and Granger Causality tests to identify the interactions between the two variables. We connect the fact that main Romanian exporters are branches...

This paper surveys a wide body of economic literature on the relationship between currencies and trade. Specifically, two main issues are investigated: the impact on international trade of exchange rate volatility and of currency misalignments. On average, exchange rate volatility has a negative...