Modeling Exchange Rates with Incomplete Information

Recent research has shown that relaxing the assumptions of complete informationand common knowledge in exchange rate models can shed light on a wide range ofimportant exchange rate puzzles. In this chapter, we review a number of models wehave developed in previous work that relax the strong assumptions on information.We also review some related literature.[...]

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Year of publication:	2011-10-27
Authors:	Bacchetta, Philippe ; Van Wincoop, Eric
Institutions:	National Centre of Competence in Research - Financial Valuation and Risk Management
Subject:	Wechselkurs \| Lernen \| Information \| information \| Informationssystem \| Entscheidung

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Extent:	235520 bytes 34 p. application/pdf
Series:	FINRISK Working Paper Series Working Paper No. 730
Type of publication:	Book / Working Paper
Language:	English
Classification:	F31 - Foreign Exchange ; F37 - International Finance Forecasting and Simulation ; F47 - Forecasting and Simulation ; Strategic management ; Qualitity management ; Financial theory ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10009418984