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The Principles of Exchange Rate Determination in an International Finance Experiment

Noussair, Charles; Plott, Charles; Riezman, Raymond Glenn - 1998

the operation of markets for currency. The law of one price and the flow of funds theory of exchange rate determination …

Persistent link: https://www.econbiz.de/10014220311

A Classroom Experiment on Exchange Rate Determination with Purchasing Power Parity

Mitchell, David T.; Rebelein, Robert P.; Schneider, … - 2015

We develop a classroom experiment on exchange rate determination appropriate for undergraduate courses in macroeconomics and international economics. Students represent citizens from different countries and need to obtain currency to purchase goods. By participating in a sealed bid auction to...

Persistent link: https://www.econbiz.de/10014054714

Managed floats to damp shocks like 1982-5 and 2006-9 : field and laboratory Evidence for Chinese interest in a single world currency

Pope, Robin; Selten, Reinhard; Kube, Sebastian; Hagen, … - 2009

-conflict model of exchange rate determination, and is within an umbrella theory of Pope, namely SKAT, the Stages of Knowledge Ahead … Theory. SKAT allows for risk effects from stages omitted in normal models, including those from (a) difficulties of agents in … regime ; exchange rate volatility ; experiment ; SKAT the Stages of Knowledge Ahead Theory ; monetary policy ; transparent …

Persistent link: https://www.econbiz.de/10003906415

Capital Controls and Risk Misallocation : Evidence From a Natural Experiment

Keller, Lorena - 2020

Foreign currency debt has led to many crises in emerging markets. However, in the past decade, firms in emerging economies have drastically increased their foreign currency borrowing, making them significantly exposed to depreciation shocks. To reduce their exposure to external shocks, central...

Persistent link: https://www.econbiz.de/10012853140