Noise Trading and Exchange Rate Regimes
收藏NBER1999-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7104
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资源简介：
Both the literature and new empirical evidence show that exchange rate regimes differ primarily by the noisiness of the exchange rate, not be measurable macroeconomic fundamentals. This motivates a theoretical analysis of exchange rate regimes with noise traders. The presence of noise traders can
提供机构：
美国国家经济研究局
创建时间：
1999-04-01
