Using tick-by-tick data of the dollar-yen and euro-dollar exchange rates recorded in the actual transaction platform, a …

This paper examines the efficiency of the forward yen/dollar market using micro survey data. We first argue that the …

The survey data on the yen/dollar exchange rate, collected twice a month for eight years from 1985 to 1993, shows the … includes sub-periods of sharp yen appreciations and of relative calm, and with respect to different specifications. Third, the …. Although the history of the yen/dollar exchange rate fluctuations in the past two decades shows mean reversion over several …

labor market. In the platform, workers from around the world compete for jobs that can be done remotely. We document that …

whether the U.S. share of world oil imports is more or less than its share of OPEC asset holdings; in the long run, whether …

additional factors, a commodity currency factor and a "world" factor based on trading volumes, fits currency basket correlations …