A Theory-Consistent CVAR Scenario for a Monetary Model with Forward-Looking Expectations
A theory-consistent CVAR scenario describes a set of testable regularities capturing basic assumptions of the theoretical model. Using this concept, the paper considers a standard model for exchange rate determination with forward-looking expectations and shows that all assumptions about the model’s...
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-04-01
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| Series: | Econometrics |
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| Online Access: | https://www.mdpi.com/2225-1146/10/2/16 |