Infrequent Portfolio Decisions: A Solution to the Forward Discount Puzzle
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- 1 June 2010
- journal article
- Published by American Economic Association in American Economic Review
- Vol. 100 (3) , 870-904
- https://doi.org/10.1257/aer.100.3.870
Abstract
Infrequent Portfolio Decisions: A Solution to the Forward Discount Puzzle by Philippe Bacchetta and Eric van Wincoop. Published in volume 100, issue 3, pages 870-904 of American Economic Review, June 2010, A major puzzle in international finance is that high interest rate currencies tend t...Keywords
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