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...

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Detalhes bibliográficos
Autor principal: Cevik, Serhan
Outros Autores: Harris, Richard, Yilmaz, Fatih
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2015.
Colecção:IMF Working Papers; Working Paper ; No. 2015/063
Acesso em linha:Full text available on IMF