[PDF.90zf] A New Look at Exchange Rate Volatility and Trade Flows (Occasional Papers)

A New Look at Exchange Rate Volatility and Trade Flows (Occasional Papers)

[PDF.do62] A New Look at Exchange Rate Volatility and Trade Flows (Occasional Papers)

A New Look at  Peter B. Clark, Shang-Jin Wei, Natalia T. Tamirisa, Azim M. Sadikov, Li Zeng epub
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 | #4292426 in eBooks |  2004-09-30 |  2004-09-30 | File type: PDF

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The effect of exchange rate volatility on trade flows was examined by a 1984 IMF study on G-7 countries. Over the past two decades, many developments in the world economy, such as the currency crises in the 1990s and increasing cross-border capital flows, may have exacerbated exchange rate volatility, while others, such as a deepening of the market in foreign exchange hedging instruments, may have reduced the impact of volatility on trade flows. Using recent advances in ...

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