| 000 | 01601cam a22003137 4500 | ||
|---|---|---|---|
| 001 | w3807 | ||
| 003 | NBER | ||
| 005 | 20211020114633.0 | ||
| 006 | m o d | ||
| 007 | cr cnu|||||||| | ||
| 008 | 210910s1991 mau fo 000 0 eng d | ||
| 100 | 1 | _aChinn, Menzie. | |
| 245 | 1 | 0 |
_aPatterns in Exchange Rate Forecasts for 25 Currencies / _cMenzie Chinn, Jeffrey Frankel. |
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_aCambridge, Mass. _bNational Bureau of Economic Research _c1991. |
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| 300 |
_a1 online resource: _billustrations (black and white); |
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| 490 | 1 |
_aNBER working paper series _vno. w3807 |
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| 500 | _aAugust 1991. | ||
| 520 | 3 | _aWe investigate the properties of exchange rate forecasts with a data set encompassing a broad cross section of currencies. The key finding is that expectations appear to be biased in our sample. This result is robust to the possibility of random measurement error in the survey measures. Investors would be better off placing less weight on their forecasts or the forward rate, and more on the current spot rate. | |
| 530 | _aHardcopy version available to institutional subscribers | ||
| 538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
| 538 | _aMode of access: World Wide Web. | ||
| 588 | 0 | _aPrint version record | |
| 700 | 1 |
_aFrankel, Jeffrey. _910691 |
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| 710 | 2 | _aNational Bureau of Economic Research. | |
| 830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w3807. |
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| 856 | 4 | 0 | _uhttps://www.nber.org/papers/w3807 |
| 856 |
_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w3807 |
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_2ddc _cW-PAPER |
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_c344666 _d303228 |
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