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

Charles Engel; Kenneth D. West

doi:10.1257/0002828041301722

American Economic Review Vol. 94 No. 2 2004

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

Charles Engel¹; Kenneth D. West²

¹ Department of Economics, University of Wisconsin, 1180 Observatory Drive, Madison, WI 53706-1393. · ² Department of Economics, University of Wisconsin.

Abstract

Accounting for Exchange-Rate Variability in Present-Value Models When the Discount Factor Is Near 1 by Charles Engel and Kenneth D. West. Published in volume 94, issue 2, pages 119-125 of American Economic Review, May 2004

DOI: 10.1257/0002828041301722
Volume: 94
Issue: 2
Pages: 119-125
Language: en
Sources: bibtex:phds-export.bib crossref openalex

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

Abstract

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