Peso Problems, Bubbles, and Risk in the Empirical Assessment of Exchange-Rate Behavior
收藏NBER1987-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2203
下载链接
链接失效反馈官方服务：
资源简介：
One of the most puzzling aspects of the post-1973 floating exchange rate system has been the apparently inefficient predictive performance of forward exchange rates. This paper explores some aspects of each of three leading explanations of forward-rate behavior. The paper first develops a simple
1973年后浮动汇率制度中最令人困惑的问题之一，便是远期汇率（forward exchange rates）的预测性能明显低效。本文针对三种主流的远期汇率行为解释，逐一探讨其若干核心面向。本文首先构建了一个简单的
提供机构：
美国国家经济研究局
创建时间：
1987-04-01
