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How Small Shocks and Heterogeneous Expectations Can Create Large Swings in the Exchange Rates

Author

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  • Torsten Sloek

    (University of Copenhagen)

  • Jens Peter Sorenson

    (University of Chicago & University of Copenhagen)

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  • Torsten Sloek & Jens Peter Sorenson, "undated". "How Small Shocks and Heterogeneous Expectations Can Create Large Swings in the Exchange Rates," Computing in Economics and Finance 1997 52, Society for Computational Economics.
    • Handle: RePEc:sce:scecf7:52
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    Cited by:

    1. Negroni, Giorgio, 2003. "Adaptive expectations coordination in an economy with heterogeneous agents," Journal of Economic Dynamics and Control, Elsevier, vol. 28(1), pages 117-140, October.
    2. Negroni, Giorgio, 2005. "Eductive expectations coordination on deterministic cycles in an economy with heterogeneous agents," Journal of Economic Dynamics and Control, Elsevier, vol. 29(5), pages 931-952, May.

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