The Role of Expectations in Exchange Rate Fluctuations

Exchange rate is one of the most important factors in open economies. So determining the factors which affect exchange rate behaviors is necessary. In this research we try to analyze the role of extrapolative expectations and chartists in the instability of exchange rate market. We use unofficial no...

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Bibliographic Details
Main Authors: Habib Morovat, Ali Faridzad
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2015-11-01
Series:Faṣlnāmah-i Pizhūhish/hā-yi Iqtiṣādī-i Īrān
Subjects:
Online Access:http://ijer.atu.ac.ir/article_4607_2383e3f6bb694f17ff7a2ddc16f63ecc.pdf