This dissertation examines the dynamic relationship between stock returns and exchange rates as well as the effect of time-varying exchange rate risk on Asian financial capital markets and trade flows in the pre and post Asian crisis periods. As an introduction to the dissertation, we discuss the East Asian emerging market economies' common features and their economic indicators. We also examine the 1997 crisis period, its potential causes and effects to the region and the world markets.They found a positive and statistically significant long-run relationship between export flows and exchange rate ... They also revealed that in the long run exchange rate uncertainty has a negative and significant influence on UK exports to EUanbsp;...
|Title||:||Essays on Exchange Rate Risk, Asset Returns and Trade Flows in East Asian Emerging Market Economies|
|Publisher||:||ProQuest - 2008|