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Order Flow and Exchange Rate Dynamics

, and . Journal of Political Economy, 110 (1): 170--180 (32 Feb 2002)doi: 10.1086/324391.

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Internal versus external economies in European industry, and . European Economic Review, 34 (4): 805--826 (June 1990)A simultaneous trade model of the foreign exchange hot potato. Journal of International Economics, 42 (3-4): 275--298 (May 1, 1997)Whence exchange rate overshooting: Money stock or flow?. Journal of International Economics, 29 (3-4): 369--384 (November 1990)Tests of the foreign exchange risk premium using the expected second moments implied by option pricing. Journal of International Money and Finance, 7 (1): 91--108 (March 1988)Do currency markets absorb news quickly?, and . Journal of International Money and Finance, 24 (2): 197--217 (March 2005)The microstructure approach to exchange rates. MIT Press, Cambridge, Mass. u.a., (2001)External effects in U.S. procyclical productivity, and . Journal of Monetary Economics, 29 (2): 209--225 (April 1992)Time-varying liquidity in foreign exchange, and . Journal of Monetary Economics, 49 (5): 1025--1051 (July 2002)Exchange rate hysteresis?: Large versus small policy misalignments, and . European Economic Review, 38 (1): 1--22 (January 1994)Managers, investors, and crises: mutual fund strategies in emerging markets, , and . Journal of International Economics, 64 (1): 113--134 (October 2004)