Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10001227862
Persistent link: https://www.econbiz.de/10001741657
In this paper we investigate the effects of central bank interventions (CBI) in a noise trading model with chartists and fundamentalists. We first estimate a model in which chartists extrapolate past returns and fundamentalists forecast a mean reverting dynamics of the exchange rate towards a...
Persistent link: https://www.econbiz.de/10003090615
Persistent link: https://www.econbiz.de/10003515485