Diamandis, Panayiotis F.; Georgoutsos, Dimitris A.; … - In: Journal of International Financial Markets, … 18 (2008) 4, pp. 358-373
This paper reexamines the forward rate unbiasedness hypothesis (FRUH) during the 1920s and it contributes to the literature as follows: first, it utilizes a database that includes currencies not studied before, as well as the 3 month forward rates; second, it applies three different approaches...