The effect of excessively elastic expectations on exchange-rate volatility in the Dornbusch overshooting model

Expectations and Exchange Rate Dynamics

1976 • 4,751 citations

Forward Exchange Rates as Optimal Predictors of Future Spot Rates: An Econometric Analysis

1980 • 2,192 citations

On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials

1979 • 985 citations

A Monetary Approach To The Exchange Rate: Doctrinal Aspects And Empirical Evidence

1977 • 970 citations

A Proposal for International Monetary Reform

1978 • 831 citations

A Monetary Approach to the Exchange Rate: Doctrinal Aspects and Empirical Evidence

1976 • 810 citations

The Exchange Rate, The Balance Of Payments and Monetary and Fiscal Policy Under A Regime of Controlled Floating

1977 • 491 citations

The "Speculative Efficiency" Hypothesis

1981 • 440 citations

The Exchange Rate, the Balance of Payments and Monetary and Fiscal Policy under a Regime of Controlled Floating

1976 • 353 citations

In search of the exchange risk premium: A six-currency test assuming mean-variance optimization

1982 • 313 citations

The Monetary Approach to the Exchange Rate: Some Empirical Evidence (La theorie monetaire du taux de change: preuves empiriques) (El enfoque monetario del tipo de cambio: Algunas pruebas empiricas)

1978 • 294 citations

Currency Substitution and Instability in the World Dollar Standard: Comment

1983 • 208 citations

International Currency Experience.

1945 • 155 citations

The Efficiency of Foreign Exchange Markets and Measures of Turbulence

1980 • 152 citations

Tests of Rational Expectations in the Forward Exchange Market

1980 • 120 citations

International Currency Experience

1946 • 115 citations

Testing for Rational Expectations in Foreign Exchange Markets

1979 • 69 citations

Explanations of exchange-rate volatility and other empirical regularities in some popular models of the foreign exchange market

1981 • 63 citations

Speculation, rational expectations, and stability of the foreign exchange market

1980 • 55 citations

Exchange-Rate Variability, Real and Monetary Shocks, and the Degree of Capital Mobility Under Rational Expectations

1980 • 50 citations

Rational Expectations and the Volatility of Floating Exchange Rates

1983 • 41 citations

Floating foreign exchange rates 1973–1974: The emperor's new clothes

1976 • 36 citations

The Forward Exchange Market, Speculation, and Exchange Market Intervention

1984 • 35 citations

Did speculation destabilize the French Franc in the 1920s?

1982 • 35 citations

Spot and forward rates in a stochastic model of the foreign exchange market

1982 • 19 citations

The identification of destabilizing foreign exchange speculation

1979 • 14 citations

Profitability and Stability in International Currency Markets

1981 • 4 citations

Flexible Exchange Rates and Interdependence

1982 • 3 citations