In this paper we investigate the forward premium bias (FPB) puzzle for a number of
developed and developing country currencies. Our main objective is to examine the …

I document the forward premium puzzle and show that the Uncovered Interest Rate Parity
(UIP) violation is resolved in a low liquidity regime using a low-frequency time-varying FX …

This paper investigates possible structural changes in the persistence of the forward
premium by applying the multiple structural break methodology recently proposed by …

This paper investigates the degree of the persistence of the forward premium by
simultaneously taking into account nonlinearity, asymmetry, and possible structural changes …

This paper investigates the predictive performance of the futures basis in directly forecasting
currency spot returns and compares it with that of the one-month forward basis. We consider …

In this paper we investigate the forward premium bias (FPB) puzzle for a number of
developed and developing country currencies. Our main objective is to examine the …

Web Appendix to “How Puzzling Is the Forward Premium Puzzle? A Meta-Analysis” Page 1
Web Appendix to “How Puzzling Is the Forward Premium Puzzle? A Meta-Analysis” * Diana …

This study assesses whether the unbiased forward rate hypothesis (UFRH) holds in its
strong or weak form in selected developed and emerging economies. Moreover, the paper …

While a number of papers have attempted to explain the forward rate premium puzzle the
issue nevertheless endures. Hall et al.(Stud Nonlinear Dyn E 17 (3): 265–279, 2013) argue …