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...

Descripción completa

Detalles Bibliográficos
Autor principal: Cevik, Serhan
Otros Autores: Harris, Richard, Yilmaz, Fatih
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2015.
Colección:IMF Working Papers; Working Paper ; No. 2015/063
Acceso en línea:Full text available on IMF