... changes on trade balance is symmetric. Consequently, this study investigates whether Nigeria's bilateral trade balance with Belgium, China, United Kingdom (UK) and USA is responding symmetrically or asymmetrically to changes in oil price and exchange rate. Design/methodology/approach The authors used...

... addition to the J-Curve literature. Dr Nazif Durmaz can be contacted at: durmazn@uhv.edu © Emerald Group Publishing Limited 2015 Turkey ARDL Cointegration Trade balance J-curve It is widely well-known that, for a fall in the value of any country’s currency to increase...

...Mohsen Bahmani-Oskooee; Hadise Fariditavana Purpose – Previous research that investigated the effects of currency depreciation on the trade balance assumed that the adjustment of all variables in a given model is in linear fashion. The authors wonder if introduction of nonlinearity...

...Stephen Nickell Discusses a number of issues put forward by the other authors in this volume. In particular considers the potential role of real interest rates in unemployment models, the importance of the trade balance and related constraints in open economy models and the uniqueness and stability...