Soft Power and Exchange Rate Volatility /

Standard models-based exclusively on macro-financial variables-have made little progress in explaining the behavior of exchange rates. In this paper, we introduce a neglected set of 'soft power' factors capturing a country's demographic, institutional, political and social underpinnin...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Cevik, Serhan
Weitere Verfasser: Harris, Richard, Yilmaz, Fatih
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2015.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2015/063
Online Zugang:Full text available on IMF