Testing the persistence of the forward premium: structural changes or misspecification?

DOI10.1007/s11079-015-9365-9zbMath1412.91166OpenAlexW591547447MaRDI QIDQ2416175

Wan-Shin Mo, Tsung-Wu Ho

Publication date: 23 May 2019

Published in: Open Economies Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11079-015-9365-9

zbMATH Keywords

persistenceforward premium puzzlepredictabilityforward rate unbiasedness hypothesisunit roots with structural changes

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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