Introduction to the theory of international trade and finance with applications to current policy issues. From the ….e. international trade, and what determines the flow of savings and investments from one country to another, i.e. international finance … globalization, free trade agreements, the large current account deficits of the US, the prospects for exchange rates, and the calls …

We analyze exchange rate volatility in the Visegrad Four countries in the course of their abandoning tight regimes for … generalized error distribution. The overall findings are that volatility path dependence has a limited effect on exchange rate … developments and introduction of floating regimes tends to increase exchange rate volatility. During the period of flexible regimes …

Nominal exchange rate volatility has been greater than that of "fundamentals" supposed to establish the exchange rates …. A major contribution to our understanding of this volatility was given by Rudiger Dornbusch in his 1976 paper … theory to exchange rate behaviour to conjecture that the very volatility of exchange rate movements induces firms to have …

low-frequency multi-country panel time series data for a group of trade-related nations in the Asia Pacific, including … Japan. Our findings suggest that exchange rate is affected by growth rate, and trade and capital flows: other less … significant variables include sovereign debt; balance of payments; money supply; and trade openness. It also confirms that …

greatly reduces volatility within such an informal “currency area”. Our theoretical findings are supported by empirical …