Exchange Rate Volatility and Growth in Emerging Europe and East Asia
β Scribed by Gunther Schnabl
- Publisher
- Springer US
- Year
- 2008
- Tongue
- English
- Weight
- 275 KB
- Volume
- 20
- Category
- Article
- ISSN
- 0923-7992
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## Abstract We investigate the relationship between exchange rate volatility, exchange rate risk diversification and the location of foreign direct investment in the manufacturing industries of Indonesia, Malaysia, Philippines and Thailand. We found a strong role for the yen/dollar exchange rate in
## Abstract In this paper, we adapt the Multiplicative Error Model (MEM) to analyze the interdependence of volatility across markets. The MEM specifies the dynamics of a volatility proxy (absolute returns) for one market including terms accounting for an asymmetric impact of good or bad news on the