Title: The Effects of Real Exchange Rate Volatility on Sectoral Investment: Empirical Evidence from Fixed and Flexible Exchange Rate Systems (Routledge Library Editions: Exchange Rate Economics)
Publisher: Routledge
Publication Date: 2017
Language: English
ISBN 10: 1138633186
ISBN 13: 9781138633186
Binding: Hardcover
Condition: New

About this title

Synopsis

Originally published in 1997. This study investigates what the effects of real exchange rate volatility are on sectorial investment in the fixed and flexible exchange rate systems. It lays out the results of research into the effects of the levels and volatility of real exchange rates on investment in the manufacturing sectors of the countries in the European Monetary System as well as of the countries in the flexible exchange rate system, with data from between 1973 and 1993. Examining the differences between the two systems in the results this book also looks at exchange rate effects on interest rates at the time.

About the Author

Bahar Erdal

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