Neely, Christopher J.; Sarno, Lucio - Federal Reserve Bank of St. Louis - 2002
Department of the Federal Reserve
Bank of St. Louis. Lucio Sarno is a Reader in Financial Economics at Warwick Business
School … Sarno Draft 2 / 5/15/021
INTRODUCTION
In the last decade or so exchange rate economics has seen a number of important … of standard models and marked a watershed in
exchange rate economics. Even with the benefit of twenty years of hindsight …