Can Long Horizon Data Beat Random Walk Under Engel-West Explanation?
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More about this item
Keywords
Foreign exchange rate; present-value models; exchange rate and fundamentals; random walk;All these keywords.
JEL classification:
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FIN-2005-04-16 (Finance)
- NEP-IFN-2005-04-16 (International Finance)
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