Using genetic algorithm in dynamic model of speculative attack

• 其他作者: Hội thảo quốc tế Ngân hàng và Tài chính thế giới 2015
• 格式: Conference or Workshop Item
• 語言: English
• 出版: Trường Đại học Kinh tế 2020
• 主題: Currency crisis; Dynamic model; Genetic algorithms
• 在線閱讀: http://repository.vnu.edu.vn/handle/VNU_123/97688

Evolution of speculative attack models show certain progress in developing idea of the role of expectations in the crisis mechanism. Obstfeld (1996) defined expectations as fully exogenous. Morris and Shin (1998) endogenised the expectations with respect to noise leaving information significance...