Cotter, John and Bredin, Don (2005): Volatility and Irish Exports.

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Abstract
We analyse the impact of volatility per se on real exports for a small open economy concentrating on Irish trade with the UK and the US. An important element is that we take account of the time lag between the trade decision and the actual trade or payments taking place by using a flexible lag approach. Rather than adopt a single measure of risk we also adopt a spectrum of risk measures and detail varied size characteristics and statistical properties. We find that the ambiguous results found to date may be due to not taking account of the timing effect which varies substantially depending on which volatility measure is used.
Item Type:  MPRA Paper 

Institution:  University College Dublin 
Original Title:  Volatility and Irish Exports 
Language:  English 
Subjects:  F  International Economics > F1  Trade > F17  Trade Forecasting and Simulation F  International Economics > F3  International Finance > F31  Foreign Exchange 
Item ID:  3522 
Depositing User:  John Cotter 
Date Deposited:  12 Jun 2007 
Last Modified:  26 Sep 2019 17:46 
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URI:  https://mpra.ub.unimuenchen.de/id/eprint/3522 