Belaire-Franch, Jorge - In: Economics: The Open-Access, Open-Assessment E-Journal 12 (2018) 2018-37, pp. 1-9
In this paper the author analyzes the behavior of exchange rates expectations for four currencies, by considering a re-calculation and an extension of Resende and Zeidan (Expectations and chaotic dynamics: Empirical evidence on exchange rates, Economics Letters, 2008). Considering Lyapunov...