A Survey of Empirical Research on Nominal Exchange Rates
收藏NBER1994-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w4865
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资源简介:
We survey the empirical literature on floating nominal exchange rates over the past decade. Exchange rates are difficult to forecast at short- to medium-term horizons. There is a bit of explanatory power to monetary models such as the Dornbusch 'overshooting' theory, in the form of reaction to 'news
提供机构:
美国国家经济研究局
创建时间:
1994-09-01



