Exchange Rate Disconnect with Disagreeing Arbitrageurs
Models how wealth redistribution among arbitrageurs with different beliefs amplifies exchange rate volatility and generates interest-parity wedges, accounting for 62 percent of observed variance.
Featured in No. 138 on 6 Nov 2026 · 3 days after release
- Released
- 3 Nov 2026
- First featured
- No. 138 · 6 Nov 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- SSRN 7671358
- Authors
- Rikuto Onishi
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