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Cover image for book Empirical Evidence on the Efficiency of Forward and Futures Foreign Exchange Markets

Empirical Evidence on the Efficiency of Forward and Futures Foreign Exchange Markets

By:Robert J. Hodrick
Publisher:Taylor & Francis
Print ISBN:9783718604159
eText ISBN:9781000950021
Edition:1
Copyright:1987
Format:Reflowable

Expires on Nov 16, 2026

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This book presents a critical review of the empirical literature that studies the efficiency of the forward and futures markets for foreign exchange. It provides a useful foundation for research in developing quantitative measures of risk and expected return in international finance.