Similar Search Results

Forecasting of foreign exchange rate by normal mixture models

Jung, Chulho - In: Journal of economic studies 22 (1995) 1, pp. 45-57

Persistent link: https://www.econbiz.de/10001177542

Optimal management of international reserves

Jung, Chulho - In: Journal of macroeconomics 17 (1995) 4, pp. 601-621

Persistent link: https://www.econbiz.de/10001190436

Structural change in the forward discount : implications for the forward rate unbiasedness hypothesis

Sakoulis, Georgios; Zivot, Eric; Choi, Kyongwook - In: Journal of empirical finance 17 (2010) 5, pp. 957-966

Persistent link: https://www.econbiz.de/10009267231

Long memory and structural changes in the forward discount : an empirical investigation

Choi, Kyongwook; Zivot, Eric - 2003

Many empirical studies find a negative correlation between the returns on the nominal spot exchange rate and the lagged forward discount. This forward discount anomaly implies that the current forward rate is a biased predictor of the future spot rate. A large number of studies in the existing...

Persistent link: https://www.econbiz.de/10011512994