TY  - JOUR
AU  - Lafuente, Juan A
AU  - Pérez Sánchez, Rafaela María
AU  - Ruiz Andújar, Jesús
PY  - 2016
DO  - 10.1016/j.jeconbus.2016.02.005
SN  - 0148-6195
UR  - https://hdl.handle.net/20.500.14352/23620
T2  - Journal of Economics and Business
AB  - This paper provides a theoretical discussion of the forward premium anomaly. We reformulate the well-known Lucas (1982) model by allowing for the existence ofmonetarypolicy regimes. The monetary supply is viewed as having two stochastic components:...
LA  - eng
M2  - 13
PB  - ELSEVIER
KW  - Monetary policy
KW  - Regime shifts
KW  - Learning
KW  - Forward bias.
TI  - Monetary policy regimes and the forward bias for foreign exchange
TY  - journal article
VL  - 85
ER  -