Testing for the absence of expected real profits from forward market speculation

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

1980 • 25,774 citations

Forward Exchange Rates as Optimal Predictors of Future Spot Rates: An Econometric Analysis

1980 • 2,192 citations

Exchange rates and international macroeconomics

1984 • 403 citations

The Economics of Exchange Rates

2004 • 394 citations

International Interest-Rate and Price-Level Linkages Under Flexible Exchange Rates: A Review of Recent Evidence

1982 • 379 citations

On Unit Roots and the Empirical Modeling of Exchange Rates

1982 • 344 citations

Risk, Interest Rates and the Forward Exchange

1972 • 176 citations

On Unit Roots and the Empirical Modeling of Exchange Rates

1982 • 141 citations

International economic policy: Theory and evidence

1980 • 134 citations

The diversifiability of exchange risk

1979 • 123 citations

Tests of Rational Expectations in the Forward Exchange Market

1980 • 120 citations

Exchange Rates and the International Adjustment Process

1978 • 103 citations

Stochastic prices and tests of efficiency of foreign exchange markets

1980 • 83 citations

Exchange Rates and the International Adjustment Process

1978 • 69 citations

The behavior of foreign exchange markets : a critical survey of the empirical literature

1978 • 50 citations