Understanding bilateral exchange rate volatility

By Michael B. Devereux, Philip R. Lane. 2003

236 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/c0d94156ecf658f28deeccc88b9f977c1e2a115e

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Citations in the corpus

On the Causes and Effects of Exchange Rate Volatility on Economic Growth: Evidence from Ghana (2017, background): “At the theoretical level, while some studies (see Obstfeld and Rogoff, 1998) posit that large swings in exchange rates can be costly to the domestic economy, studies such as Devereux and Engel (2003) contend that the welfare effects of exchange rate volatility are conditional upon the manner in whic”
Financial Exchange Rates and International Currency Exposures (2010, background): “3See, amongst others, the contributions to Eichengreen and Hausmann (2005), Devereux and Lane (2003) and Devereux, Lane and Xu (2006).”
Exchange Rate Volatility and Productivity Growth: The Role of Financial Development (2009, unknown): “[19] Devereux, M.”
The dynamics of exchange rate volatility: A panel VAR approach (2014, background): “The literature provides ample evidence with respect to the variables that may impact the overall volatility (e.g., Kanas, 2002; Devereux and Lane, 2003; Hausmann et al., 2006; Ganguly and Breuer, 2010; Giannellis and Papadopoulos, 2011; Berganza and Broto, 2012).”
What Lies Beneath the Euro's Effect on Financial Integration? Currency Risk, Legal Harmonization, or Trade? (2010, unknown): “The index follows Devereux and Lane (2003).”
Government Bonds in Domestic and Foreign Currency : The Role of Institutional and Macroeconomic Factors (2007, background): “Also, it is very likely that scale effects exist in the liquidity of secondary markets for bonds.18 Regarding the development of the financial system, as proxied by the relative size of the banking system, we find that countries with more developed systems have more developed bond markets.”
Exchange Rate Variability, Pressures and Optimum Currency Area Criteria: Implications for the Central and Eastern European Countries (2005, background): “2 Devereux and Lane (2003) also apply this methodology to examine the external sustainability of developing countries.”
Global Bond Portfolios and Emu (2006, unknown): “2On the latter, see Devereux and Lane (2003) for some suggestive evidence. financial holdings and various bilateral ties, such as bilateral trade, physical proximity, bilateral macroeconomic correlations and bilateral cultural and institutional similarities.”