Exchange rate volatility, international trade, and the value of exporting firms
Article Abstract:
The erratic international exchange rate may have a positive impact on the worth of trading firms through product prices and the volume exported. Normally, increasing money market volatility would mean an increase in risk that would result in lower profit because of lesser trade and fewer export-oriented facilities. However, an analytical computation that excludes other erratic factors confirms that an exporter would gain each time an exchange rate increases. The reason is that exporters would tolerate losses in trade dumping and would even build larger plants to increase export volume.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 1992
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Fiscal policy, debt management and exchange rate credibility: lessons from the recent Italian experience
Article Abstract:
A new study investigates some possible determinants of exchange rate credibility, focusing on Italian experience since its entry to the narrow EMS band.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 2000
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Deviations from purchasing power parity under different exchange rate regimes: Do they revert and, if so, how?
Article Abstract:
An empirical model for deviations from long-run purchasing power parity under different exchange rate regimes is proposed.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 2006
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