Martingale Regressions for a Continuous Time Model of Exchange Rates

Article English OPEN
Guo, Zi-Yi;
(2017)
  • Publisher: Hilo, Hi, USA: Institute for Business and Finance Research
  • Subject:
    • ddc: ddc:330

One of the daunting problems in international finance is the weak explanatory power of existing theories of the nominal exchange rates, the so-called “foreign exchange rate determination puzzle”. We propose a continuous-time model to study the impact of order flow on fo... View more
Share - Bookmark

  • Download from
    EconStor via EconStor (Article, 2017)
  • Cite this publication