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  3. American Economic Review
  4. May 2004
  5. Accounting for Exchange-Rate Variability in Present-Value Models When the Discount Factor Is Near 1

American Economic Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

Accounting for Exchange-Rate Variability in Present-Value Models When the Discount Factor Is Near 1

  • Charles Engel
  • Kenneth D. West
American Economic Review
vol. 94, no. 2, May 2004
(pp. 119–125)
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Citation

Engel, Charles, and Kenneth D. West. 2004. "Accounting for Exchange-Rate Variability in Present-Value Models When the Discount Factor Is Near 1." American Economic Review, 94 (2): 119–125. DOI: 10.1257/0002828041301722

JEL Classification

  • F31 Foreign Exchange