Noise Trading and Exchange Rate Regimes
- 1 May 2002
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 117 (2) , 537-569
- https://doi.org/10.1162/003355302753650328
Abstract
Policy-makers often justify their choice of fixed exchange rate regimes as a shelter against nonfundamental influences in the foreign exchange marketKeywords
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