Exchange Rate Expectations : Survey of Survey Studies.
This paper presents a brief survey of the empirical literature on survey-based exchange rate expectations. The literature in general supports the presence of a non-zero risk premium and rejects the hypothesis of rational expectations. The crucial result is that, while short-run expectations tend to...
| Institution som forfatter: | International Monetary Fund |
|---|---|
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
1990.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 1990/052 |
| Online adgang: | Full text available on IMF |
Lignende værker
-
Exchange Rate Economics : A Survey /
af: Taylor, Mark
Udgivet: (1991) -
Exchange Rate Movements, Inflation Expectations, and Currency Substitution in Turkey /
af: Scacciavillani, Fabio
Udgivet: (1995) -
Co-Movements in Long-Term Interest Rates and the Role of PPP-Based Exchange Rate Expectations /
af: Knot, Klaas
Udgivet: (1999) -
Deriving Market Expectations for the Euro-Dollar Exchange Rate from Option Prices /
af: Krichene, Noureddine
Udgivet: (2004) -
Realignment Expectations, Forward Rate Bias, and Sterilized Intervention in an Adjustable Peg Exchange Rate Model with Policy Optimization /
af: Isard, Peter
Udgivet: (1994)