Title

Exchange Rate Variability and the Flow of International Trade

Document Type

Article

Publication Date

9-1994

Publication Source

Economics Letters

Abstract

This study uses a GARCH (Generalized Autoregressive Conditional Heteroskedasticity) model to test if real exchange rate volatility has an adverse effect on the value of U.S. imports from Canada. We find that exchange rate uncertainty has a negative and statistically significant affect on trade flows.

Inclusive pages

49-54

ISBN/ISSN

0165-1765

Publisher

Elsevier

Volume

46

Issue

1

Peer Reviewed

yes