Floating Exchange Rates Versus a Monetary Union under Rational Beliefs; the Role of Endogenous Uncertainty

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14 Citations (Scopus)

Abstract

We study exchange rates in the context of rational beliefs.
Original languageEnglish
Pages (from-to)293-315
Number of pages23
JournalEconomic Theory
Publication statusPublished - 2003

Keywords

  • Endogenous Uncertanty
  • Exchange rates
  • Monetary Union
  • Rational Beliefs

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