This website uses cookies.

By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device to enhance site navigation and analyze site performance and traffic. For more information on our use of cookies, please see our Privacy Policy.

  1. Home
  2. Journals
  3. American Economic Review
  4. May 2004
  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

Download Full Text PDF

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