## Abstract One commonly observed feature of financial market volatility is the presence of asymmetry whereby shocks to the market do not generate equal responses. This phenomenon has been attributed to the leverage effect for stock markets. For exchange rates, asymmetry has also been documented wi
Nonlinear phenomena in economics: The exchange rate
β Scribed by Giuseppe De Arcangelis; Giancarlo Gandolfo
- Publisher
- Elsevier Science
- Year
- 1997
- Tongue
- English
- Weight
- 462 KB
- Volume
- 30
- Category
- Article
- ISSN
- 0362-546X
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