Market Incompleteness and Exchange Rate Spill-over
收藏NBER2023-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30856
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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
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美国国家经济研究局创建时间：
2023-01-01
