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