Uncovered Interest Rate Parity and the Term Structure

Expectations and Exchange Rate Dynamics

1976 • 4,751 citations

Forward and spot exchange rates

1984 • 2,213 citations

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

1980 • 2,192 citations

Systematic Monetary Policy and the Effects of Oil Price Shocks

1997 • 1,543 citations

Dividend Yields and Expected Stock Returns: Alternative Procedures for Inference and Measurement

1992 • 1,304 citations

The forward discount anomaly and the risk premium: A survey of recent evidence

1996 • 1,172 citations

Target Zones and Exchange Rate Dynamics

1991 • 1,163 citations

Some Empirical Evidence on the Effects of Shocks to Monetary Policy on Exchange Rates

1995 • 1,139 citations

Affine Term Structure Models and the Forward Premium Anomaly

2001 • 645 citations

The forward premium puzzle: different tales from developed and emerging economies

2000 • 513 citations

A reconsideration of the uncovered interest parity relationship

1994 • 458 citations

Federal Reserve interest rate targeting, rational expectations, and the term structure

1995 • 417 citations

On biases in tests of the expectations hypothesis of the term structure of interest rates

1997 • 412 citations

Monetary Policy and Long-Horizon Uncovered Interest Parity

2004 • 399 citations

The forward premium anomaly is not as bad as you think

2000 • 343 citations

Monetary policy's role in exchange rate behavior

2003 • 326 citations

Bootstrapping time series models

1996 • 286 citations

On biases in the measurement of foreign exchange risk premiums

1993 • 284 citations

Real Rates, Expected Inflation, and Inflation Risk Premia

1998 • 284 citations

Expectations Hypotheses Tests

2001 • 269 citations

The out-of-sample success of term structure models as exchange rate predictors: a step beyond

2003 • 265 citations

The Time Variation of Risk and Return in Foreign Exchange Markets: A General Equilibrium Perspective

1996 • 222 citations

A multicountry comparison of term-structure forecasts at long horizons

1991 • 217 citations

Rethinking Deviations From Uncovered Interest Parity: the Role of Covariance Risk and Noise

1998 • 173 citations

The Term Structure of Forward Exchange Premiums and the Forecastability of Spot Exchange Rates: Correcting the Errors

1997 • 169 citations

Rational speculation and exchange rates

2004 • 107 citations

The term structure of euromarket interest rates

1987 • 99 citations

Uncovered Interest Parity: It Works, But Not For Long

2003 • 74 citations

Uncovered Interest Parity in Crisis: The Interest Rate Defence in the 1990s

2001 • 50 citations

The bias of tests for a risk premium in forward exchange rates

2001 • 44 citations

The Behavior of Eurocurrency Returns Across Different Holding Periods and Monetary Regimes

1990 • 21 citations

Estimation of a rational expectations model of the term structure

2001 • 12 citations

Is Currency Trading Profitable? Exploiting Deviations from Uncovered Interest Parity

1992 • 8 citations