Frydman, Roman; Goldberg, Michael D.; Johansen, Søren; … - Økonomisk Institut, Københavns Universitet - 2008
puzzle to exchange rate modelers' use of the "Rational Expectations Hypothesis". We show that once imperfect knowledge is … puzzle.� In this paper, we trace the
puzzle to exchange rate modelers�use of the �Rational Expectations Hypothesis.�We show … Knowledge, Rational Expectations
Hypothesis
JEL Classi�cation: F31, F41, G15, G17
1Department of Economics, New York University …