Risk Neutrality and the Two-Tier Foreign Exchange Market: Evidence from Belgium
收藏数据链接:
官方服务:
资源简介:
Most of the literature on two-tier exchange markets is built around models in which domestic policy can exert a powerful influence on the spread between the current account exchange rate and the capital account exchange rate. We show that if optimizing agents are risk neutral, domestic policy has no
提供机构:
美国国家经济研究局创建时间:
1989-06-01



