Azouzi, Dhekra; Kumar, Rohit Vishal; Aloui, Chaker - In: International Journal of Academic Research in Business … 1 (2011) 2, pp. 17-44
Based on a linear framework, this paper aims to examine the relationship between future spot rates and forward exchange rates using USD-TND data, thanks to traditional regressions and to the Vector Error Correction Model (VECM) in order to check if the Unbiasedness Forward Exchange Rate (UFER)...
