Economic openness, exchange rate volatility, and the role of financial development

This study employs a panel of 59 countries over the period 1980-2011, applying the Two-Step System GMM, to study the relationship between the trade-weighted real exchange rate volatility and openness of an economy, taking the role of financial development level into account. In order to capture th...

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Bibliographic Details
Main Author: Habibi, Masoumeh
Format: Thesis
Language:English
Published: 2015
Online Access:http://psasir.upm.edu.my/id/eprint/58477/1/FEP%202015%201IR.pdf
http://psasir.upm.edu.my/id/eprint/58477/
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