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A Post Keynesian View of Exchange Rate Determination
13 references·11 citing·42 second hop
A Post Keynesian View of Exchange Rate Determination (1991)A Post Keynesian View of Exchange Rate De…International Money and the Real World (1992)International Money and the R…The equilibrium pricing of exchange rates and assets when trade takes time (1988)The equilibrium pricing of ex…Economic news, exchange rates and interest rates (1988)Economic news, exchange rates…Short-term and long-term expectations of the yen/dollar exchange rate: Evidence from survey data (1987)Short-term and long-term expe…Nber Macroeconomics Annual (1986)Nber Macroeconomics AnnualExchange Rate Economics (1986)Exchange Rate EconomicsTHE REACTION OF EXCHANGE RATES TO ECONOMIC NEWS (1985)THE REACTION OF EXCHANGE RATE…International Money and the Real World (1982)International Money and the R…Flexible Exchange Rates, Prices and the Role of ‘News’: Lessons from the 1970s (1982)Flexible Exchange Rates, Pric…Flexible Exchange Rates, Prices, and the Role of "News": Lessons from the 1970s (1981)Flexible Exchange Rates, Pric…Currency Substitution, Flexible Exchange Rates, and Monetary Independence (1978)Currency Substitution, Flexib…Exchange Rate Stability and Managed Floating: The Experience of the Federal Republic of Germany (Stabilite du taux de change et flottement dirige: l'experience de l'Allemagne federale) (La estabilidad de los tipos de cambio y la flotacion dirigida: La experiencia alemana) (1976)Exchange Rate Stability and M…Money as Cause and Effect (1973)Money as Cause and EffectSeven Replies to the Critiques of Modern Money Theory (2021)Seven Replies to the Critique…Income distribution, inflation and economic growth: A post-Keynesian approach (2019)Income distribution, inflatio…Financialised internationalisation and structural hierarchies: a mixed-method study of exchange rate determination in emerging economies (2017)Financialised internationalis…Determinants of the real exchange rate in the long-run for developing and emerging countries: a theoretical and empirical approach (2017)Determinants of the real exch…What caused the great inflation moderation in the US? A post-Keynesian view (2016)What caused the great inflati…Wages, Exchange Rates, and the Great Inflation Moderation: A Post-Keynesian View (2013)Wages, Exchange Rates, and th…Prêmio de Risco Endógeno, Metas de Inflação e Câmbio Flexível: Implicações Dinâmicas da Hipótese Bresser-Nakano para uma Pequena Economia Aberta* (2002)Prêmio de Risco Endógeno, Met…The Nature of Expectations in the Foreign Exchange Market: A Test of Competing Theories (1998)The Nature of Expectations in…Orthodox Approaches to Exchange Rate Determination: A Survey (1996)Orthodox Approaches to Exchan…The Institution of Foreign Exchange Trading (1993)The Institution of Foreign Ex…Daily Exchange Rate Variance (1993)Daily Exchange Rate VarianceExpectations and Exchange Rate Dynamics (1976)Pricing to Market when the Exchange Rate Changes (1986)Exchange rates and traded goods prices (1988)The price of gold and the exchange rate (1996)Commodity currencies and currency commodities (2008)The price of gold and the exchange rates: Once again (2008)Specification Tests in Econometrics (1978)Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Exchange Rate Uncertainty, Forward Contracts, and International Portfolio Selection (1988)Arbitrage, Cointegration, and Testing the Unbiasedness Hypothesis in Financial Markets (1995)Selecting macroeconomic variables as explanatory factors of emerging stock market returns (2001)A Monetary Approach to the Exchange Rate: Doctrinal Aspects and Empirical Evidence (1976)A Monetary Approach To The Exchange Rate: Doctrinal Aspects And Empirical Evidence (1977)Empirical exchange rate models of the seventies (1983)Macroeconomic news and bond market volatility1We thank Walter Toshi Baily, Bob Korajczyk, Jim Poterba, Mark Watson, seminar participants at the University of Chicago, Columbia University, Cornell University, and the University of Montreal, and especially Ludger Hentschel (the referee) for helpful comments. We also thank Mark Mitchell for supplying data, and Amy C. Ko and Sydney Ludvigson for research assistance. Lamont was supported by the FMC Faculty Research Fund at the Graduate School of Business, University of Chicago. A portion of this research was completed while Lumsdaine was a National Fellow at the Hoover Institution. We also thank the Financial Research Center at Princeton University for support. A previous version of this paper circulated as `Public Information and the Persistence of Bond Market Volatility'.1 (1998)The surprise element: jumps in interest rates (2002)How is macro news transmitted to exchange rates? (2008)Empirical regularities in the behavior of exchange rates and theories of the foreign exchange market (1979)On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials (1979)News from the U. S. and Japan: Which Moves the Yen/Dollar Exchange Rate? (1986)Public Information Arrival, Exchange Rate Volatility, and Quote Frequency (2000)Exchange rate expectations and economic policy uncertainty (2016)The Optimum Quantity of Money: and Other Essays (1971)Currency Substitution and the Demand for Money: Some Evidence for Canada (1982)Currency substitution, capital mobility and money demand (1983)Asset Markets, Exchange Rates and the Balance of Payments (1984)Forward and spot exchange rates (1984)The equity premium: A puzzle (1985)Chapter 14 Survey Expectations (2006)Complex Evolutionary Systems in Behavioral Finance (2009)Heterogeneity, Market Mechanisms, and Asset Price Dynamics (2009)Job security, employment and wages (1990)Information Technology and Productivity: A Review of the Literature (1996)Growth, technological interdependence and spatial externalities: theory and evidence (2007)A Technical Definition of Uncertainty and the Long-run Non-neutrality of Money (1991)External Financial Fragility and the 1998-1999 Brazilian Currency Crisis (2000)Technology, Finance, and Dependency: Latin American Radical Political Economy in Retrospect (2006)Nominal exchange rate regimes and the behavior of real exchange rates: Evidence and implications (1986)On Jump Processes in the Foreign Exchange and Stock Markets (1988)The dynamics of exchange rate volatility: A multivariate latent factor ARCH model (1989)Rational Expectations: A Fallacious Foundation for Studying Crucial Decision-Making Processes (1982)The Marginal Product Curve Is Not the Demand Curve for Labor and Lucas’s Labor Supply Function Is Not the Supply Curve for Labor in the Real World (1983)
this work references cited by second hop

References

  • 1981Flexible Exchange Rates, Prices, and the Role of "News": Lessons from the 1970s500 cited
  • 1986Nber Macroeconomics Annual486 cited
  • 1982Flexible Exchange Rates, Prices and the Role of ‘News’: Lessons from the 1970s433 cited
  • 1978Currency Substitution, Flexible Exchange Rates, and Monetary Independence252 cited
  • 1988Economic news, exchange rates and interest rates212 cited
  • 1986Exchange Rate Economics206 cited
  • 1982International Money and the Real World150 cited
  • 1985THE REACTION OF EXCHANGE RATES TO ECONOMIC NEWS136 cited
  • 1987Short-term and long-term expectations of the yen/dollar exchange rate: Evidence from survey data111 cited
  • 1992International Money and the Real World108 cited
  • 1976Exchange Rate Stability and Managed Floating: The Experience of the Federal Republic of Germany (Stabilite du taux de change et flottement dirige: l'experience de l'Allemagne federale) (La estabilidad de los tipos de cambio y la flotacion dirigida: La experiencia alemana)91 cited
  • 1973Money as Cause and Effect88 cited
  • 1988The equilibrium pricing of exchange rates and assets when trade takes time74 cited

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  • 1996Orthodox Approaches to Exchange Rate Determination: A Survey42 cited

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1998
The Nature of Expectations in the Foreign Exchange Market: A Test of Competing Theories
32 cited
  • 2017Determinants of the real exchange rate in the long-run for developing and emerging countries: a theoretical and empirical approach29 cited
  • 1993The Institution of Foreign Exchange Trading28 cited
  • 2017Financialised internationalisation and structural hierarchies: a mixed-method study of exchange rate determination in emerging economies27 cited
  • 1993Daily Exchange Rate Variance25 cited
  • 2016What caused the great inflation moderation in the US? A post-Keynesian view22 cited
  • 2021Seven Replies to the Critiques of Modern Money Theory12 cited
  • 2002Prêmio de Risco Endógeno, Metas de Inflação e Câmbio Flexível: Implicações Dinâmicas da Hipótese Bresser-Nakano para uma Pequena Economia Aberta*11 cited
  • 2013Wages, Exchange Rates, and the Great Inflation Moderation: A Post-Keynesian View11 cited
  • 2019Income distribution, inflation and economic growth: A post-Keynesian approach10 cited