Citation:
Froot, K.A., and J. Frankel. “Forward Discount Bias: Is It an Exchange Risk Premium?” Quarterly Journal of Economics 104, no. 1 (1989): 139–161.
Date Published:
Feb 1989Notes:
- Revision of "Findings of Forward Discount Bias Interpreted in Light of Exchange Rate Survey Data," NBER Working Paper No. 1963 and Sloan Working Paper No. 1906-87, August 1987.
- Reprinted in Advances in Behavioral Finance, edited by Richard Thaler. New York: Russell Sage Foundation, 1993: 359-382 and in Speculation and Financial Markets, edited by M. Taylor and L. Gallagher. Cheltenham, U.K.: Edward Elgar Publishing, 2001.