Exchange Rate Risk and the Macroeconomics of Exchange Rate Determination
收藏NBER1980-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w0493
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资源简介:
This paper discusses the link between portfolio diversification models of exchange risk and the macroeconomics of exchange rate determination. A first part sets out the mean-variance model of portfolio choice for the case of two nominal assets with random real returns. From there the model is made
提供机构:
美国国家经济研究局
创建时间:
1980-06-01



