Proceedings of the 2nd International Conference on Science and Social Research (ICSSR 2013)

Short-Term Fluctuations Reason Analysis of Exchange Rate Based on Microeconomic

Authors
Xiao Luo
Corresponding Author
Xiao Luo
Available Online July 2013.
DOI
10.2991/icssr-13.2013.155How to use a DOI?
Keywords
Exchange rate fluctuations; Private information; Heterogeneity; Trading mechanism
Abstract

The traditional model of exchange rates, which use macroeconomic variables as its determinants, cannot give a good explanation of short-term fluctuations in the exchange rate. The main reason is there are some implied assumptions in the model, such as public information, the same investors and independent of the trading system. In this paper, in order to understand better and explain the fluctuations reason of short-term exchange rate, the corresponding analysis of short-term fluctuations in exchange rate is made base on microeconomic.

Copyright
© 2013, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Conference on Science and Social Research (ICSSR 2013)
Series
Advances in Intelligent Systems Research
Publication Date
July 2013
ISBN
10.2991/icssr-13.2013.155
ISSN
1951-6851
DOI
10.2991/icssr-13.2013.155How to use a DOI?
Copyright
© 2013, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Xiao Luo
PY  - 2013/07
DA  - 2013/07
TI  - Short-Term Fluctuations Reason Analysis of Exchange Rate Based on Microeconomic
BT  - Proceedings of the 2nd International Conference on Science and Social Research (ICSSR 2013)
PB  - Atlantis Press
SP  - 670
EP  - 673
SN  - 1951-6851
UR  - https://doi.org/10.2991/icssr-13.2013.155
DO  - 10.2991/icssr-13.2013.155
ID  - Luo2013/07
ER  -