The day of the week on which the forward rate is quoted and the day of the week on which the corresponding one-period ahead spot rate matched to the delivery date of the forward contract is quoted may play a systematic role in the empirical estimates of the coefficient on the forward premium in test
Testing the unbiasedness hypothesis of foreign exchange rates and the analysis of transformations
โ Scribed by Albert A. Okunade; H. Haryanto; Dwight B. Means
- Publisher
- Springer US
- Year
- 1996
- Tongue
- English
- Weight
- 459 KB
- Volume
- 6
- Category
- Article
- ISSN
- 0924-865X
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