Risk, Uncertainty and Exchange Rates
收藏NBER1987-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2429
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资源简介:
This paper explores a new direction for empirical models of exchange rate determination. The motivation arises from two well documented facts, the failure of log-linear empirical exchange rate models of the 1970's and the variability of risk premiums in the forward market. Rational maximizing models
提供机构:
美国国家经济研究局
创建时间:
1987-11-01



