Heterogeneity of agents, transactions costs and the exchange rate

DOI10.1016/j.jedc.2004.01.004zbMath1202.91236OpenAlexW2022344275MaRDI QIDQ953773

Paul De Grauwe, Marianna Grimaldi

Publication date: 6 November 2008

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2004.01.004

zbMATH Keywords

chaosheterogeneous agentstransaction costsexchange ratesensitivity to initial conditions

Mathematics Subject Classification ID

Statistical methods; economic indices and measures (91B82) Heterogeneous agent models (91B69)

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Cites Work

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• Heterogeneous beliefs and routes to chaos in a simple asset pricing model
• Microeconomic Models for Long Memory in the Volatility of Financial Time Series
• A Rational Route to Randomness
• VOLATILITY CLUSTERING IN FINANCIAL MARKETS: A MICROSIMULATION OF INTERACTING AGENTS
• Financial markets as nonlinear adaptive evolutionary systems
• Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models

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