The impact of exchange rate volatility on German-US trade flows

Michael D. McKenzie1, Robert D. Brooks1
1Department of Economics and Finance, Royal Melbourne Institute of Technology, GPO Box 2476V, Melbourne, 3001, Australia

Tóm tắt

Từ khóa


Tài liệu tham khảo

Akhtar, 1984, Effects of exchange rate uncertainty on German and US trade, Quarterly Review of the Federal Reserve Bank of New York, Spring, 7

Asseery, 1991, The effects of exchange rate volatility on exports, Economics Letters, 37, 173, 10.1016/0165-1765(91)90127-7

Bailey, 1986, Exchange rate variability and trade performance: evidence for the big seven industrial countries, Weltwirtschaftliches Archiv, 122, 466, 10.1007/BF02707374

Baron, 1976, Fluctuating exchange rates and the pricing of exports, Economic Enquiry, 14, 425, 10.1111/j.1465-7295.1976.tb00430.x

Bera, 1993, ARCH models: properties, estimation and testing, Journal of Economic Surveys, 74, 305, 10.1111/j.1467-6419.1993.tb00170.x

Bini-Smaghi, 1991, Exchange rate variability and trade: why is it so difficult to find any relationship, Applied Economics, 23, 927, 10.1080/00036849100000041

Bollerslev, 1986, Generalized autoregressive conditional heteroskedasticity, Journal of Econometrics, 31, 307, 10.1016/0304-4076(86)90063-1

Bollerslev, 1992, ARCH modelling in finance, Journal of Econometrics, 52, 5, 10.1016/0304-4076(92)90064-X

Broll, 1994, Foreign production and forward markets, Australian Economic Papers 3362, 1, 10.1111/j.1467-8454.1994.tb00001.x

Cushman, 1983, The effects of real exchange rate risk on international trade, Journal of International Economics, 15, 45, 10.1016/0022-1996(83)90041-7

Cushman, 1988, US bilateral trade flows and exchange risk during the floating period, Journal of International Economics, 24, 317, 10.1016/0022-1996(88)90040-2

De Grawe, 1988, Exchange rate variability and the slowdown in the growth of international trade, IMF Staff Papers, 35, 63, 10.2307/3867277

Engle, 1982, Autoregressive conditional heteroskedasticity with estimates of the variance of UK inflation, Econometrica, 504, 987, 10.2307/1912773

Ethier, 1973, International trade and the forward exchange market, American Economic Review, 633, 494

Franke, 1988, Exchange rate volatility and international trading strategy, Journal of International Money and Finance, 10, 292, 10.1016/0261-5606(91)90041-H

Giovaini, 1988, Exchange rates and traded goods prices, Journal of International Economics, 24, 45, 10.1016/0022-1996(88)90021-9

Gotur, 1985, Effects of exchange rate volatility on trade: some further evidence, IMF Staff Papers

Hamilton, 1994

Hooper, 1978, The effect of exchange rate uncertainty on the price and volume of international trade, Journal of international Economics, 8, 483, 10.1016/0022-1996(87)90001-8

Keenan, 1986, Measuring and analysing the effects of short-term volatility on real exchange rates, Review of Economics and Statistics Notes, 311, 10.2307/1925511

Koray, 1989, Real exchange rate volatility and US bilateral trade: a var approach, The Review of Economics and Statistics, 71, 708, 10.2307/1928117

Lee, 1993, A locally most mean powerful based score test for ARCH and GARCH regression disturbances, Journal of Business and Economics Statistics, 11, 11, 10.2307/1391304

Makin, 1976, Eurocurrencies and the evolution of the international monetary system

Nelson, 1991, Conditional hereroskedasticity in asset returns: a new approach, Econometrica, 10.2307/2938260

Sercu, 1989

Thursby, 1987, Bilateral trade flows, the Linder hypothesis and exchange risk, The Review of Economics and Statistics, 69, 488, 10.2307/1925537

Zakoian, 1990