Puzzling exchange rate dynamics and delayed portfolio adjustment

Title
Puzzling exchange rate dynamics and delayed portfolio adjustment
Authors
Keywords
Fama puzzle, Delayed overshooting, Predictability reversal, Portfolio frictions
Journal
JOURNAL OF INTERNATIONAL ECONOMICS
Volume 131, Issue -, Pages 103460
Publisher
Elsevier BV
Online
2021-03-14
DOI
10.1016/j.jinteco.2021.103460

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