Demystifying the meese-rogoff puzzle
Auteur :
Moosa, I. / Burns, K.
Éditeur :
Palgrave Macmillan
ISBN :
9781137452474
Date de publication :
17 déc. 2014
Dimensions :
21,6 x 14,0 cm
Langue :
Anglais
Pays d'origine :
Grande Bretagne
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.