Forward Discount Bias: Is It an Exchange Risk Premium?
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Other versions of this item:
- Kenneth A. Froot & Jeffrey A. Frankel, 1989. "Forward Discount Bias: Is it an Exchange Risk Premium?," The Quarterly Journal of Economics, Oxford University Press, vol. 104(1), pages 139-161.
- Kenneth A. Froot and Jeffrey A. Frankel., 1988. "Forward Discount Bias: Is It an Exchange Risk Premium?," Economics Working Papers 8874, University of California at Berkeley.
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Keywordsforward exchange; exchange rate; risk premium; rational expectations; survey data; Social and Behavioral Sciences;
All these keywords.
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