FORWARD EXCHANGE-RATES AS OPTIMAL PREDICTORS OF FUTURE SPOT RATES - AN ECONOMETRIC-ANALYSIS

被引：991

作者：

HANSEN, LP

HODRICK, RJ

机构：

来源：

JOURNAL OF POLITICAL ECONOMY | 1980年 / 88卷 / 05期

关键词：

D O I：

10.1086/260910

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

引用

收藏

页码：829 / 853

页数：25

相关论文

共 28 条

[1] Boyer R., 1977, INTERMOUNTIAN EC REV, V8, P14
[2] SPOT RATES, FORWARD RATES AND EXCHANGE MARKET EFFICIENCY
CORNELL, B
[J]. JOURNAL OF FINANCIAL ECONOMICS, 1977, 5 (01) : 55 - 65
[3] INFORMATION, FUTURES PRICES, AND STABILIZING SPECULATION
DANTHINE, JP
[J]. JOURNAL OF ECONOMIC THEORY, 1978, 17 (01) : 79 - 98
[4] Dulles Eleanor Lansing, 1929, FRENCH FRANC 1914 19
[5] Einzig P., 1937, THEORY FORWARD EXCHA
[6] ECONOMIC-THEORY OF MONETARY REFORM
FLOOD, RP
GARBER, PM
[J]. JOURNAL OF POLITICAL ECONOMY, 1980, 88 (01) : 24 - 58
[7] FURTHER EVIDENCE ON EXPECTATIONS AND THE DEMAND FOR MONEY DURING THE GERMAN HYPER-INFLATION
FRENKEL, JA
[J]. JOURNAL OF MONETARY ECONOMICS, 1979, 5 (01) : 81 - 96
[8] PURCHASING POWER PARITY - DOCTRINAL PERSPECTIVE AND EVIDENCE FROM 1920S
FRENKEL, JA
[J]. JOURNAL OF INTERNATIONAL ECONOMICS, 1978, 8 (02) : 169 - 191
[9] FRENKEL JA, 1977, AM ECON REV, V67, P653
[10] FRENKEL JA, 1978, 290 NAT BUR EC RES W