Investor overconfidence and the forward premium puzzle

Review of Economic Studies

Volumn 78, Issue 2, 2011, Pages 523-558

  Burnside, Craig ^a   Han, Bing ^b   Hirshleifer, David ^c   Wang, Tracy Yue ^d  

^a DUKE UNIVERSITY   (United States)

^b UNIVERSITY OF TEXAS AT AUSTIN   (United States)

^c UNIVERSITY OF CALIFORNIA   (United States)

^d UNIVERSITY OF MINNESOTA   (United States)

Author keywords

Carry trade; Exchange rates; Forward bias; Investor overconfidence; Monetary policy; Money supply; PPP

Indexed keywords

CAPITAL FLOW; CURRENCY MARKET; ECONOMIC ANALYSIS; EXCHANGE RATE; FOREIGN DIRECT INVESTMENT; INFLATION; METHODOLOGY; MODEL TEST; MODEL VALIDATION; PROFITABILITY; PURCHASING POWER PARITY;

EID: 79953318408     PISSN: 00346527     EISSN: 1467937X     Source Type: Journal    
DOI: 10.1093/restud/rdq013     Document Type: Article

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