Snaith, S and Termprasertsakul, S and Wood, A (2017) The exchange rate exposure puzzle: The long and the short of it. Economics Letters, 159. pp. 204-207. DOI https://doi.org/10.1016/j.econlet.2017.08.005
Snaith, S and Termprasertsakul, S and Wood, A (2017) The exchange rate exposure puzzle: The long and the short of it. Economics Letters, 159. pp. 204-207. DOI https://doi.org/10.1016/j.econlet.2017.08.005
Snaith, S and Termprasertsakul, S and Wood, A (2017) The exchange rate exposure puzzle: The long and the short of it. Economics Letters, 159. pp. 204-207. DOI https://doi.org/10.1016/j.econlet.2017.08.005
Abstract
The exchange rate exposure puzzle has remained robust to empirical scrutiny however evidence suggests the puzzle abates when longer horizons are considered. This paper applies inference that is appropriate in a long horizon setting and finds this evidence is illusory.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Exchange rate exposure; Economic exposure; Long horizon regression; Overlapping data |
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Essex Business School |
| SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| Date Deposited: | 16 Oct 2017 13:00 |
| Last Modified: | 16 May 2024 19:02 |
| URI: | http://repository.essex.ac.uk/id/eprint/20316 |
Available files
Filename: manuscript.pdf