Representativeness of news and exchange rate dynamics

DOI10.1016/j.jedc.2003.08.008zbMath1202.91268MaRDI QIDQ953771

Sebastiano Manzan, Frank H. Westerhoff

Publication date: 6 November 2008

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://cendef.uva.nl/binaries/content/assets/subsites/amsterdam-school-of-economics/amsterdam-school-of-economics-research-institute/cendef/working-papers-2002/bmw2_rev.pdf?1417180398212

zbMATH Keywords

exchange rates; news arrival; over- and underreaction; representativeness heuristic

Mathematics Subject Classification ID

91B44: Economics of information

91B82: Statistical methods; economic indices and measures

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Cites Work

• Heterogeneous beliefs and routes to chaos in a simple asset pricing model
• From the bird's eye to the microscope: A survey of new stylized facts of the intra-daily foreign exchange markets
• Microeconomic Models for Long Memory in the Volatility of Financial Time Series
• Continuous Auctions and Insider Trading
• Financial markets as nonlinear adaptive evolutionary systems