Survey Data on Expectations in the Foreign Exchange Market

"Patterns in Exchange Rate Expectations for 25 Currencies," with Menzie Chinn, 1994, Journal of Money Credit and Banking, 26, no.4, November, 754-770.  NBER WP No. 3807.

"Exchange Rate Expectations and the Risk Premium: Tests for a Cross-Section of 17 Currencies," with Menzie Chinn, Review of International Economics 1, no.2 (June 1993), 136-144NBER WP 3806.

"Chartists, Fundamentalists, and Trading in the Foreign Exchange Market," with Ken Froot, American Economic Review, Vol. 80, no. 2, 1990: 181-185. NBER  WP 3470.

 

"Forward Discount Bias: Is it an Exchange Risk Premium?" with Ken Froot,1989, Quarterly Journal of Economics 104, no.1, February, 139-161.  no.1 (February 1989), 139-161. Reprinted in Advances in Behavioral Finance, R.Thaler, ed. (Russell Sage Foundation, New York), 1993, 359-381.  UCB  WP  8874, 1988;  NBER WP 1963, 1986. 


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"Short-term and long-term expectations of the yen/dollar exchange rate: evidence from survey data," with Kenneth Froot, Journal of the Japanese and International Economies 1.3 (1987): 249-274.

Using survey data to test standard propositions regarding exchange rate expectations,” with Ken Froot,  American Economic Review, 1987.  NBER WP 1672.

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