We study exchange rates under rational beliefs.
Nielsen, C. K., Optimal economic institutions under rational overconfidence, with applications to the choice of exchange rate regime, <<INTERNATIONAL JOURNAL OF ECONOMIC THEORY>>, 2009; Volume 5, Issue 4 (Issue 4): 375-407 [http://hdl.handle.net/10807/1689]
Optimal economic institutions under rational overconfidence, with applications to the choice of exchange rate regime
Nielsen, Carsten Krabbe
2009
Abstract
We study exchange rates under rational beliefs.
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