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American Economic Review: Vol. 97 No. 2 (May 2007)

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Random Walk Expectations and the Forward Discount Puzzle

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Bacchetta, Philippe, and Eric van Wincoop. 2007. "Random Walk Expectations and the Forward Discount Puzzle." American Economic Review, 97(2): 346-350.

DOI: 10.1257/aer.97.2.346

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Bacchetta, Philippe
van Wincoop, Eric


American Economic Review


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