The Forward Exchange Market, Speculation, and Exchange Market Intervention
收藏NBER1983-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1138
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资源简介：
This paper develops a stochastic equilibrium model of an open economy incorporating speculation in the forward exchange market. The model is used to examine two issues. The first is the role of speculation in stabilizing the economy against stochastic disturbances. Much risk averse speculation
提供机构：
美国国家经济研究局
创建时间：
1983-06-01
