文章基本信息

标题：An Overview Study on Dornbusch Overshooting Hypothesis
本地全文：下载
作者：Wenwen Tu ; Junwen Feng
期刊名称：International Journal of Economics and Finance
印刷版ISSN：1916-971X
电子版ISSN：1916-9728
出版年度：2009
卷号：1
期号：1
页码：110
DOI：10.5539/ijef.v1n1P110
出版社：Canadian Center of Science and Education
摘要：Thirty years have passed since Dornbusch first published his overshooting hypothesis on “Expectations and Exchange Rate Dynamics”. Reviewing and appraising the advantages and disadvantages of this elegant model in international economics is of great importance to the consideration of establishing exchange rate and macro-economic policy in the future. In this paper, the author provides an analysis and empirical evidence for and against this influential model . Some conclusions are drawn from an all-sided discussion.