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The foreign exchange market: a random walk with a dragging anchor

Author

Listed:
  • Goodhart, C. A. E.

Abstract

This Discussion Paper is the text of Charles Goodhart's inaugural lecture at the London School of Economics in May 1987.

Suggested Citation

  • Goodhart, C. A. E., 1987. "The foreign exchange market: a random walk with a dragging anchor," LSE Research Online Documents on Economics 119187, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:119187
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    File URL: http://eprints.lse.ac.uk/119187/
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    More about this item

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • G00 - Financial Economics - - General - - - General

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