Exchange Rate Shocks with the Brexit Referendum and Portuguese Exports

Understanding the effect of exchange rate movements on international trade is a major issue for economists and for policy-makers. Using a quasi-natural experimental evidence on the effects of exchange rate shocks on export prices, quantities and export participation, the paper examines the consequences of the large, sudden and unanticipated plunge in the British pound following… Continue reading Exchange Rate Shocks with the Brexit Referendum and Portuguese Exports