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The Response Of Forward Exchange Rates To Interest Rate Forecasting Errors

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  • Fred R. Kaen
  • Evangelos O. Simos
  • George A. Hachey

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  • Fred R. Kaen & Evangelos O. Simos & George A. Hachey, 1984. "The Response Of Forward Exchange Rates To Interest Rate Forecasting Errors," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 7(4), pages 281-290, December.
  • Handle: RePEc:bla:jfnres:v:7:y:1984:i:4:p:281-290
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1984.tb00380.x
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    References listed on IDEAS

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    1. Giddy, Ian H., 1976. "An Integrated Theory of Exchange Rate Equilibrium," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 11(5), pages 883-892, December.
    2. Solnik, B., 1978. "International parity conditions and exchange risk : A review," Journal of Banking & Finance, Elsevier, vol. 2(3), pages 281-293, October.
    3. Frenkel, Jacob A, 1976. " A Monetary Approach to the Exchange Rate: Doctrinal Aspects and Empirical Evidence," Scandinavian Journal of Economics, Wiley Blackwell, vol. 78(2), pages 200-224.
    4. Hansen, Lars Peter & Hodrick, Robert J, 1980. "Forward Exchange Rates as Optimal Predictors of Future Spot Rates: An Econometric Analysis," Journal of Political Economy, University of Chicago Press, vol. 88(5), pages 829-853, October.
    5. Aliber, Robert Z, 1973. "The Interest Rate Parity Theorem: A Reinterpretation," Journal of Political Economy, University of Chicago Press, vol. 81(6), pages 1451-1459, Nov.-Dec..
    6. Jean-Claude Cosset, 1982. "Forward Rates As Predictors of Future Interest Rates in the Eurocurrency Market," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 13(3), pages 71-83, September.
    7. Frenkel, Jacob A, 1981. "Flexible Exchange Rates, Prices, and the Role of "News": Lessons from the 1970s," Journal of Political Economy, University of Chicago Press, vol. 89(4), pages 665-705, August.
    8. Frankel, Jeffrey A, 1979. "On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials," American Economic Review, American Economic Association, vol. 69(4), pages 610-622, September.
    9. Rudiger Dornbusch, 1980. "Exchange Rate Economics: Where Do We Stand?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 11(1, Tenth ), pages 143-206.
    10. Frenkel, Jacob A & Levich, Richard M, 1977. "Transaction Costs and Interest Arbitrage: Tranquil versus Turbulent Periods," Journal of Political Economy, University of Chicago Press, vol. 85(6), pages 1209-1226, December.
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