Random Walk Expectations and the Forward Discount Puzzle
Year of publication: |
2007-01
|
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Authors: | BACCHETTA, Philippe ; WINCOOP, Eric VAN |
Institutions: | Départment d'économétrie et d'économie politique (DEEP), Faculté des Hautes Études Commerciales (HEC) |
Subject: | excess returns | incomplete information | predictability |
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Published in American Economic Review, Papers and Proceedings, 97, May 2007, pp. 346-350 13 pages + fig. |
Classification: | E4 - Money and Interest Rates ; F3 - International Finance ; G1 - General Financial Markets |
Source: |
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Random Walk Expectations and the Forward Discount Puzzle
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