English, Article edition: Exchange rate volatility in Latin American and the Caribbean region: Evidence from 1985 to 2005 Radhames Lizardo

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Bookmark: http://trove.nla.gov.au/version/51045
Physical Description
  • article
Language
  • English

Edition details

Title
  • Exchange rate volatility in Latin American and the Caribbean region: Evidence from 1985 to 2005
Author
  • Radhames Lizardo
Physical Description
  • article
Notes
  • Using 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.
  • economic growth, gravity model, real exchange rate volatility, foreign direct investment,
  • RePEc:taf:jitecd:v:18:y:2009:i:2:p:255-273
Language
  • English
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