Market Incompleteness and Exchange Rate Spill-over
收藏NBER2023-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30856
下载链接
链接失效反馈官方服务：
资源简介：
Financial variables in third countries explain a significant fraction of bilateral exchange rate movements, even after local variables and common factors are controlled for. This paper proposes an explanation of this exchange rate spill-over pattern based on market incompleteness, which arises when
提供机构：
美国国家经济研究局
创建时间：
2023-01-01
