The Impact of Kuna Exchange Rate Volatility on Croatian Exports
The aim of this paper is to analyze the monetary transmission mechanism through the influence of exchange rate variability on export volume. To date it has been very common to use “historical volatility” as an approximation for exchange rate variability in empirical studies. However, many macroecono...
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Format: | Article |
Language: | English |
Published: |
Institute of Public Finance
2007-12-01
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Series: | Financial Theory and Practice |
Subjects: | |
Online Access: | http://www.ijf.hr/eng/FTP/2007/4/soric.pdf |