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The risk premium, exchange rate expectations, and the forward exchange rate : estimates for the yen-dollar rate
Landon, Stuart; Smith, Constance E. - 1999
Persistent link: https://www.econbiz.de/10001396174
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Stock markets and the exchange rate : a multi-country approach
Smith, Constance E. - In: Journal of macroeconomics 14 (1992) 4, pp. 607-629
Persistent link: https://www.econbiz.de/10001133086
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The risk premium, exchange rate expectations, and the forward exchange rate : estimates for the yen-dollar rate
Landon, Stuart; Smith, Constance E. - In: Review of international economics 11 (2003) 1, pp. 144-158
Persistent link: https://www.econbiz.de/10001740574
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The exchange rate and machinery and equipment imports : identifying the impact of import source and export destination country currency valuation changes
Landon, Stuart; Smith, Constance E. - In: The North American journal of economics and finance : a … 18 (2007) 1, pp. 3-21
Persistent link: https://www.econbiz.de/10003608908
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The Risk Premium, Exchange Rate Expectations, and the Forward Exchange Rate : Estimates for the Yen-Dollar Rate
Landon, Stuart; Smith, Constance E. - 2003
The hypothesis that the forward rate is an unbiased predictor of the future spot rate has been rejected in many empirical studies. The rejection of this hypothesis could occur because market behavior is inconsistent with rational-expectations or because there exists a risk premium. Equations...
Persistent link: https://www.econbiz.de/10014091773