Kallianiotis, Dr. Ioannis N.; Frear, Dr. Dean - In: European Research Studies Journal IX (2006) 3-4, pp. 15-34
The objective of this analysis is to determine the movements (long-term trend) of the exchange rate by looking at the rate of return and risk that financial assets (3-month T-bills) have in four different economies, for four different investors. Risk averse speculators will try to maximize their...