Prof. Naknoi Publishes in Journal of Economic Dynamics and Control

journalecondynamics.gifProf. Naknoi’s sole-authored paper titled “Exchange Rate Volatility and Fluctuations in the Extensive Margin of Trade” has been accepted for publication in the Journal of Economic Dynamics and Control. Her study provides new evidence that the extensive margin of trade fluctuates over the business cycle, using quarterly data of U.S. bilateral trade with 99 countries. Also, she shows that fixing exchange rates with the U.S. dollar, having a free trade agreement with the U.S., and an increase in country size is significantly associated with the stability of the pattern of trade with the U.S.

To read the article in its entirety, click here.