Exchange rate expectations: The role of person specific forward looking variables
AbstractWe analyze how individual forecasters build their foreign exchange rate expectations. The Wall Street Journal poll allows us to incorporate explanatory variables such as expected inflation rates and expected GDP growth rates that are both forward looking and person specific.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 105 (2009)
Issue (Month): 3 (December)
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Web page: http://www.elsevier.com/locate/ecolet
Foreign exchange market Forecast heterogeneity;
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