Investment and exchange rate uncertainty under different regimes
This paper examines the impact of the exchange rate uncertainty on investment under different exchange rate regimes. The paper presents a theoretical model where exchange rate is a stochastic process and investment behaves as an American option with dividends. The paper evaluates the performance of...
Enregistré dans:
| Auteur principal: | |
|---|---|
| Format: | article |
| Langue: | EN PT |
| Publié: |
Universidade de São Paulo
2014
|
| Sujets: | |
| Accès en ligne: | https://doaj.org/article/6d55675a206b4b1781185916a114c11d |
| Tags: |
Ajouter un tag
Pas de tags, Soyez le premier à ajouter un tag!
|