Does Incomplete Spanning in International Financial Markets Help to Explain Exchange Rates?
收藏数据链接：
官方服务：
资源简介：
Compared to the predictions of complete market models, actual exchange rates are puzzlingly smooth and only weakly correlated with macro-economic fundamentals, suggesting that market incompleteness plays a key role in exchange rate dynamics. Incompleteness in international financial markets
提供机构：
美国国家经济研究局创建时间：
2016-02-01
