Foreign Exchange

Froot, K.A., and R. Thaler. “Anomalies: Foreign Exchange.” Journal of Economic Perspectives 4, no. 3 (1990): 179–192.

Reprinted in Current Issues in the International Economy: A Reader, edited by L. Goldberg and M. Klein. New York: Harper Collins Publishers, 1992; Speculation and Financial Markets, edited by M. Taylor and L. Gallagher. Cheltenham, U.K.: Edward Elgar Publishing, 2001; and in Open Economy Macroeconomics, Volume II, Part I, Article 4 edited by Norman Miller. Cheltenham, U.K. and Northampton, Mass., U.S.: Edward Elgar Publishing, March 2006: 74-87.

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.
  • 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.

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