Models of Exchange Rate Expectations: Heterogeneous Evidence from Panel Data
Central to an understanding of how foreign exchange markets work is the nature of the expectations formation process. Of particular interest are the potentially stabilising of destabilising nature of these expectations. In this paper we use a unique disaggregate expectations data base to model the expectations formation of around 40 leading foreign exchange forecasters/dealer.
(This abstract was borrowed from another version of this item.)
|Date of creation:||Apr 1999|
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