Accounting for exchange-rate variability in present-value models when the discount factor is near 1

American Economic Review

Volumn 94, Issue 2, 2004, Pages 119-125

  Engel, Charles ^a   West, Kenneth D ^b  

^a UNIVERSITY OF WISCONSIN MADISON   (United States)

^b UNIVERSITY OF WISCONSIN   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 4043169149     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/0002828041301722     Document Type: Conference Paper

References (16)

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5. _. "Taylor Rules and the Deutschmark-Dollar Exchange Rate." Working paper, University of Wisconsin, 2003b.
6. _. "Accounting for Exchange Rate Variability in Present-Value Models When the Discount Factor Is Near One." National Bureau of Economic Research (Cambridge, MA) Working Paper No. 10267, January 2004.
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12. _. "The Out of Sample Failure of Empirical Exchange Models," in Jacob A. Frenkel, ed., Exchange rates and international macroeconomics. Chicago, IL: University of Chicago Press, 1983b, pp. 67-105.
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