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The economics of convergence towards monetary union in Europe
De Grauwe, Paul - 1996
Persistent link: https://www.econbiz.de/10000938370
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The economics of convergence towards monetary union in Europe
De Grauwe, Paul - 1995
Persistent link: https://www.econbiz.de/10000919031
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The economics of convergence towards monetary union in Europe
De Grauwe, Paul - In: Monetary reform in Europe : an analysis of the issues …, (pp. 121-147). 1996
Persistent link: https://www.econbiz.de/10001300576
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Monetary union and convergence economics
De Grauwe, Paul - In: European economic review : EER 40 (1996) 3, pp. 1091-1101
Persistent link: https://www.econbiz.de/10001205173
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The economics of convergence towards monetary union in Europe
De Grauwe, Paul - 1995
Persistent link: https://www.econbiz.de/10013422082
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The economics of convergence: towards monetary union in Europe
De Grauwe, Paul - In: Weltwirtschaftliches Archiv : Zeitschrift des Instituts … 132 (1996) 1, pp. 1-27
Persistent link: https://www.econbiz.de/10001198156
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The exchange rate in a model with heterogeneous agents and transactions costs
De Grauwe, Paul; Grimaldi, Marianna - 2002
In this paper we develop a model of the exchange rate. The existence of transactions costs introduces an important non-linearity. Agents have different beliefs about the future exchange rate. We show that this simple model creates great complexity in the market which is characterised by the fact...
Persistent link: https://www.econbiz.de/10011539052
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Exchange rate puzzles : a tale of switching attractors
De Grauwe, Paul; Grimaldi, Marianna - 2004
The rational expectations efficient market model of the exchange rate has failed empirically. In this paper we develop a model of the exchange rate in which agents use simple forecasting rules. Based on an ex post evaluation of the relative profitability of these rules they decide whether to...
Persistent link: https://www.econbiz.de/10011583140
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Heterogeneity of agents, transactions costs and the exchange rate
De Grauwe, Paul; Grimaldi, Marianna - In: Journal of economic dynamics & control 29 (2005) 4, pp. 691-719
Persistent link: https://www.econbiz.de/10002702731
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The exchange rate in a model with heterogeneous agents and transactions costs
De Grauwe, Paul; Grimaldi, Marianna - 2002
In this paper we develop a model of the exchange rate. The existence of transactions costs introduces an important non-linearity. Agents have different beliefs about the future exchange rate. We show that this simple model creates great complexity in the market which is characterised by the fact...
Persistent link: https://www.econbiz.de/10001723714