› › An Empirical Study Of The Foreign Exchange Market Test Of A Theory






Empirical Evidence on the Efficiency of Forward and Futures Foreign Exchange Markets

Author : Robert J. Hodrick

Publisher : CRC Press

Page : 190 pages

File Size : 27,46 MB

Release : 2023-08-18

Category : Mathematics

ISBN : 1000943380

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Book Description

This book presents a critical review of the empirical literature that studies the efficiency of the forward and futures markets for foreign exchange. It provides a useful foundation for research in developing quantitative measures of risk and expected return in international finance.



Exchange Rate Theory and Practice

Author : John F. Bilson

Publisher : University of Chicago Press

Page : 542 pages

File Size : 41,1 MB

Release : 2007-12-01

Category : Business & Economics

ISBN : 0226050998

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Book Description

This volume grew out of a National Bureau of Economic Research conference on exchange rates held in Bellagio, Italy, in 1982. In it, the world's most respected international monetary economists discuss three significant new views on the economics of exchange rates - Rudiger Dornbusch's overshooting model, Jacob Frenkel's and Michael Mussa's asset market variants, and Pentti Kouri's current account/portfolio approach. Their papers test these views with evidence from empirical studies and analyze a number of exchange rate policies in use today, including those of the European Monetary System.









The Psychology of the Foreign Exchange Market

Author : Thomas Oberlechner

Publisher : John Wiley & Sons

Page : 278 pages

File Size : 33,68 MB

Release : 2005-07-08

Category : Business & Economics

ISBN : 0470012013

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Book Description

This book demystifies the foreign exchange market by focusing on the people who comprise it. Drawing on the expertise of the very professionals whose decisions help shape the market, Thomas Oberlechner describes the highly interdependent relationship between financial decision makers and news providers, showing that the assumption that the foreign exchange market is purely economic and rational has to be replaced by a more complex market psychology.