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  5. Accounting for Exchange-Rate Variability in Present-Value Models When the Discount Factor Is Near 1

Accounting for Exchange-Rate Variability in Present-Value Models When the Discount Factor Is Near 1

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Citation

Engel, Charles, and Kenneth D. West. 2004. "Accounting for Exchange-Rate Variability in Present-Value Models When the Discount Factor Is Near 1." American Economic Review, 94 (2): 119-125. DOI: 10.1257/0002828041301722

JEL Classification

  • F31 Foreign Exchange