Optimal economic institutions under rational overconfidence, with applications to the choice of exchange rate regime

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3 Citations (Scopus)

Abstract

We study exchange rates under rational beliefs.
Original languageEnglish
Pages (from-to)375-407
Number of pages33
JournalInternational Journal of Economic Theory
VolumeVolume 5, Issue 4
Publication statusPublished - 2009

Keywords

  • ex-post optimality
  • exchange rates
  • monetary union
  • rational beliefs
  • subjective expectations

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