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The Effects of Exchange Rate Change on the Trade Balance of Slovakia
Cointegration Exchange rate International trade J-curve Trade balance
2016/1/27
This paper empirically investigates the impact of change in exchange rate on export and import flows between Slovakia and its major trading partners. Devaluation or depreciation of a currency worsens ...
Exchange Rate Exposure and its Determinants: Evidence on Hungarian Firms
Cash flow Exchange rate exposure Stock prices
2016/1/27
This paper analyses the foreign exchange rate exposure of Hungarian firms and its determinants on the basis of corporate cash flows and stock prices. The analysis focuses on the HUF/EUR exchange rate ...