Economics, Econometrics and Finance
5 years ago

Swiss Franc Appreciation Leads to Weaker Export Growth in Specific Industries.

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AEA Papers and Proceedings
Exports and Invoicing: Evidence from the 2015 Swiss Franc Appreciation
Raphael Auer, Ariel Burstein, Katharina Erhardt, Sarah M. Lein

Paper Summary

The article examines how Swiss export prices and values were affected by the appreciation of the Swiss franc in 2015. Industries that invoiced more in Swiss francs saw weaker export growth after the currency's sudden increase.

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