Journal Article An Alternative Theory of Exchange Rate Dynamics Get access Jagdeep S. Bhandari Jagdeep S. Bhandari George Mason University and Southern Illinois University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 98, Issue 2, May 1983, Pages 337–348, https://doi.org/10.2307/1885630 Published: 01 May 1983