We study exchange rates in the context of rational beliefs.
Nielsen, C. K., Floating Exchange Rates Versus a Monetary Union under Rational Beliefs; the Role of Endogenous Uncertainty, <<ECONOMIC THEORY>>, 2003; (21): 293-315 [http://hdl.handle.net/10807/1650]
Floating Exchange Rates Versus a Monetary Union under Rational Beliefs; the Role of Endogenous Uncertainty
Nielsen, Carsten Krabbe
2003
Abstract
We study exchange rates in the context of rational beliefs.
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