Heterogeneous expectations, exchange rate dynamics and predictability

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Heterogeneity in Exchange Rate Expectations: Evidence on the Chartist-Fundamentalist Approach (2009, methodology): “Accordingly, considering fundamentalists’ equilibrium expectations, we rely on the concept of ppp, which is and popular among professionals as a tool to generate exchange rate equilibrium (see Westerhoff and Reitz, 2003, Manzan and Westerhoff, 2007).”
Structural stochastic volatility in asset pricing dynamics: Estimation and model contest (2012, background): “The estimation results and their com- 2 See Gilli and Winker (2003), Alfarano et al. (2005), Manzan and Westerhoff (2007), Winker et al. (2007), Amilon (2008), Franke (2009), Li et al. (2010), Chiarella et al. (2011), Franke and Westerhoff (2011).”
Applying the method of simulated moments to estimate a small agent-based asset pricing model☆ (2009, methodology): “After a brief sketch of how we cope with the problem of multiple local minima of the objective functions, we present and compare the estimation results for a few additional 6 In another paper, Manzan and Westerhoff (2007) estimate their model on monthly foreign exchange rate data.”
The bull and bear market model of Huang and Day : Some extensions and new results (2013, unknown): “3 vided by Chiarella et al. (2012), Manzan and Westerhoff (2007), and Vigfusson (1997), amongst others.”