Ogawa, Eiji; Muto, Makoto - In: Journal of risk and financial management : JRFM 12 (2019) 1/10, pp. 1-31
In previous studies, we estimated a time series of coefficients on five international currencies (the US dollar, the euro, the Japanese yen, the British pound, and the Swiss franc) in a utility function. We call the coefficients utilities of international currencies. The time series show that...
