The Exchange Rate in a Behavioral Finance Framework / / Marianna Grimaldi, Paul De Grauwe.

This book provides an alternative view of the workings of foreign exchange markets. The authors' modeling approach is based on the idea that agents use simple forecasting rules and switch to those rules that have been shown to be the most profitable in the past. This selection mechanism is base...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2018]
©2006
Year of Publication:2018
Language:English
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Physical Description:1 online resource
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Table of Contents:
  • Frontmatter
  • Contents
  • Preface
  • 1. The Need for a New Paradigm
  • 2. A Simple Behavioral Finance Model of the Exchange Rate
  • 3. A Slightly More Complex Behavioral Finance Model
  • 4. Limits to Arbitrage
  • 5. Changes in the Perception of Risk
  • 6. Modeling the Supply of Foreign Assets and the Current Account
  • 7. Risk Appetite in an Evolutionary Perspective
  • 8. The Empirical Evidence
  • 9. Official Interventions in the Foreign Exchange Markets
  • 10. Chaos in the Foreign Exchange Markets
  • 11. Conclusion
  • References
  • Index