Animal spirits in the foreign exchange market

DOI10.1016/j.jedc.2012.03.008zbMath1345.91007OpenAlexW1984601697MaRDI QIDQ310958

Pablo Rovira Kaltwasser, Paul De Grauwe

Publication date: 28 September 2016

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2012.03.008

zbMATH Keywords

behavioral financeforeign exchange marketuncertainty about fundamentals

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Related Items (13)

Animal spirits in the foreign exchange market ⋮ Perception of Fundamental Values and Financial Market Dynamics: Mathematical Insights from a 2D Piecewise Linear Map ⋮ A Stylized Model for Long-Run Index Return Dynamics ⋮ Optimal monetary policy in a New Keynesian model with animal spirits and financial markets ⋮ Agents' beliefs and economic regimes polarization in interacting markets ⋮ Revisiting Paul de Grauwe's chaotic exchange rate model: new analytical insights and agent-based explorations ⋮ A financial market model with endogenous fundamental values through imitative behavior ⋮ Eductive Stability, Heterogeneous Information Costs and Period-Two Cycle Multiplicity ⋮ Real and financial interacting markets: a behavioral macro-model ⋮ Heterogeneous fundamentalists and market maker inventories ⋮ Interactions between the real economy and the stock market: a simple agent-based approach ⋮ Uncertainty about fundamental, pessimistic and overconfident traders: a piecewise-linear maps approach ⋮ When one stock share is a biological individual: a stylized simulation of the population dynamics in an order-driven market

Cites Work

• Unnamed Item
• Animal spirits in the foreign exchange market
• The dynamics of speculative behaviour
• Informational differences and learning in an asset market with boundedly rational agents
• Representativeness of news and exchange rate dynamics
• A dynamic analysis of moving average rules
• A simple general approach to inference about the tail of a distribution
• Heterogeneous beliefs and routes to chaos in a simple asset pricing model
• Heterogeneous beliefs, risk and learning in a simple asset pricing model
• A Rational Route to Randomness
• Empirical properties of asset returns: stylized facts and statistical issues

This page was built for publication: Animal spirits in the foreign exchange market