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Demystifying the Meese-Rogoff Puzzle
I. Moosa, K. Burns
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| #4335079 in eBooks | 2014-12-17 | 2014-12-17 | File type: PDF||About the Author||Imad Moosa is Professor of Finance at the Royal Melbourne Institute of Technology (RMIT), Australia. He has also held previous appointments at Monash and La Trobe Universities, Australia, and the University of Sheffield, UK. Prior to working in
For the past 30 years international monetary economists have believed that exchange rate models cannot outperform the random walk in out-of-sample forecasting as a result of the 1983 paper written by Richard Meese and Kenneth Rogoff.
Marking the culmination of their extensive research into the Meese-Rogoff puzzle, Moosa and Burns challenge the orthodoxy by demonstrating that the naïve random walk model can be outperformed by exchange rate models when fore...
You can specify the type of files you want, for your gadget.Demystifying the Meese-Rogoff Puzzle | I. Moosa, K. Burns. A good, fresh read, highly recommended.
