Short-Term Fluctuations Reason Analysis of Exchange Rate Based on Microeconomic

DOI

10.2991/icssr-13.2013.155How to use a DOI?

Keywords

Exchange rate fluctuations; Private information; Heterogeneity; Trading mechanism

Abstract

The traditional model of exchange rates, which use macroeconomic variables as its determinants, cannot give a good explanation of short-term fluctuations in the exchange rate. The main reason is there are some implied assumptions in the model, such as public information, the same investors and independent of the trading system. In this paper, in order to understand better and explain the fluctuations reason of short-term exchange rate, the corresponding analysis of short-term fluctuations in exchange rate is made base on microeconomic.

Copyright

© 2013, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xiao Luo
PY  - 2013/07
DA  - 2013/07
TI  - Short-Term Fluctuations Reason Analysis of Exchange Rate Based on Microeconomic
BT  - Proceedings of the 2nd International Conference on Science and Social Research (ICSSR 2013)
PB  - Atlantis Press
SP  - 670
EP  - 673
SN  - 1951-6851
UR  - https://doi.org/10.2991/icssr-13.2013.155
DO  - 10.2991/icssr-13.2013.155
ID  - Luo2013/07
ER  -