Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10014580514
In this paper we suggest that currency factors carry informational value by disentangling the effect each currency has on exchange rate dynamics. First, we confirm the existence of a geographical factor driving American, European and Pacific exchange rates. Second, we reveal two novel stylized...
Persistent link: https://www.econbiz.de/10013251860