Liquidity and Exchange Rates: An Empirical Investigation
收藏NBER2018-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w25397
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资源简介：
We find strong empirical evidence that economic fundamentals can well account for nominal exchange rate movements. The important innovation is that we include the liquidity yield on government bonds as an explanatory variable. We find impressive evidence that changes in the liquidity yield are
提供机构：
美国国家经济研究局
创建时间：
2018-12-01
