Exchange Rate Volatility in Latin American and the Caribbean Region: Evidence from 1985 to 2005

dc.contributor.authorLizardo, Radhames
dc.date.accessioned2021-10-10T20:04:56Z
dc.date.available2021-10-10T20:04:56Z
dc.date.issued2009
dc.description.abstractUsing a total of 28 Latin American and Caribbean countries, this study finds a negative relationship between trade and exchange rate volatility. The econometric tool for this specific analysis is the widely used gravity model, in a panel data context. A similar condition is detected between inbound foreign direct investment and exchange rate volatility. The results of the study support the hypothesis that significant exchange rate volatility has a negative impact on the economies of the region and that achieving exchange rate stability should be a goal of policy makers in the context of Latin America and the Caribbean.en_US
dc.identifier.citationLizardo, R. (2009). Exchange rate volatility in Latin American and the Caribbean region: Evidence from 1985 to 2005. The Journal of International Trade & Economic Development, 18(2), 255-273. https://doi.org/10.1080/09638190902916501en_US
dc.identifier.urihttps://doi.org/10.1080/09638190902916501
dc.identifier.urihttp://hdl.handle.net/20.500.12521/260
dc.language.isoenen_US
dc.titleExchange Rate Volatility in Latin American and the Caribbean Region: Evidence from 1985 to 2005en_US
dc.typeArticleen_US

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