Menzie Chinn
Datos Biográficos
| ID | 10312894 |
|---|---|
| NOMBRE | Menzie Chinn |
| NOMBRES | Menzie |
| APELLIDO | Chinn |
| FIRMA | CHINN M |
| VERIFICADO | No |
| TOTAL DE OBRAS | 1 |
| TOTAL DE CITAS | 0 |
| TOTAL COMO AUTOR | 1 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 2018 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2018 |
| ÍNDICE H | 0 |
The New Fama Puzzle
We re-examine the historically common finding that ex post depreciation and the forward premium are negatively correlated, termed the forward premium puzzle. When covered interest differentials are zero, this finding is equivalent to the rejection of the joint hypothesis of uncovered interest parity (UIP) and full information rational expectations. We term this result the Fama puzzle (1984), given the difficulty in identifying a time-varying risk…
Sin obras prominentes en esta página.
The New Fama Puzzle
We re-examine the historically common finding that ex post depreciation and the forward premium are negatively correlated, termed the forward premium puzzle. When covered interest differentials are zero, this finding is equivalent to the rejection of the joint hypothesis of uncovered interest parity (UIP) and full information rational expectations. We term this result the Fama puzzle (1984), given the difficulty in identifying a time-varying risk…
Econometrics (1 obras) · Economics (1 obras) · Exchange rate (1 obras) · Finance (1 obras) · Financial crisis (1 obras) · Financial economics (1 obras) · Interest rate (1 obras) · Interest rate parity (1 obras) · Keynesian economics (1 obras) · Liberian dollar (1 obras)