𝔖 Bobbio Scriptorium
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THE CONSEQUENCES OF EXCHANGE RATE VOLATILITY

✍ Scribed by MARK CROSBY


Book ID
118083457
Publisher
Economic Society of Australia
Year
2001
Tongue
English
Weight
525 KB
Volume
20
Category
Article
ISSN
0812-0439

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## Abstract One commonly observed feature of financial market volatility is the presence of asymmetry whereby shocks to the market do not generate equal responses. This phenomenon has been attributed to the leverage effect for stock markets. For exchange rates, asymmetry has also been documented wi