という論文を英国の経済学者が書いている。原題は「Exchange Rate Predictability in a Changing World」で、著者はヘリオット・ワット大のJoseph P. Byrneとグラスゴー大のDimitris Korobilis、Pinho J. Ribeiro。 以下はその要旨。 An expanding literature articulates the view that Taylor rules are helpful in predicting exchange rates. In a changing world however, Taylor rule parameters may be subject to structural instabilities, for example during the Global Financial C
