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Expected and unexpected changes in exchange rates: the roles of relative price levels, balance-of-payments factors, interest rates and risk

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  • Peter Isard

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  • Peter Isard, 1980. "Expected and unexpected changes in exchange rates: the roles of relative price levels, balance-of-payments factors, interest rates and risk," International Finance Discussion Papers 156, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgif:156
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    References listed on IDEAS

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    1. Michael P. Dooley & Peter Isard, 1978. "A portfolio-balance rational-expectations model of the dollar-mark rate, May 1973-June 1977," International Finance Discussion Papers 123, Board of Governors of the Federal Reserve System (U.S.).
    2. Frankel, Jeffrey A., 1979. "The diversifiability of exchange risk," Journal of International Economics, Elsevier, vol. 9(3), pages 379-393, August.
    3. repec:bla:scandj:v:78:y:1976:i:2:p:229-48 is not listed on IDEAS
    4. Robert J. Barro, 1978. "A Stochastic Equilibrium Model of an Open Economy Under Flexible Exchange Rates," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 92(1), pages 149-164.
    5. Paul R. Milgrom, 1978. "Rational Expectations," Discussion Papers 406, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    6. Aliber, Robert Z, 1973. "The Interest Rate Parity Theorem: A Reinterpretation," Journal of Political Economy, University of Chicago Press, vol. 81(6), pages 1451-1459, Nov.-Dec..
    7. Dooley, Michael P & Isard, Peter, 1980. "Capital Controls, Political Risk, and Deviations from Interest-Rate Parity," Journal of Political Economy, University of Chicago Press, vol. 88(2), pages 370-384, April.
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