Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...
Learn how exchange rate fluctuations impact businesses and discover effective strategies to manage economic exposure and safeguard profitability.
We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...
This paper estimates, for the first time, the exchange rate elasticity of bilateral trade in services, providing indirect evidence of both producer currency pricing and dominant currency pricing in ...