Article ID Journal Published Year Pages File Type
5054888 Economic Modelling 2013 11 Pages PDF
Abstract
► We examine the determinants of exports from EMU countries to the US. ► We explicitly consider nonlinearities both in the short- and long-run. ► Results show that assuming linearity in export demand functions is too restrictive. ► Moreover, exports react stronger to depreciations than to appreciations. ► Evidence in favor of hysteresis is less robust.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Exchange rate nonlinearities in EMU exports to the US
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