Work

Why is it so difficult to beat the random walk forecast of exchange rates?

Year: 2003

Type: article

Source: Journal of International Economics

DOI: 10.1016/s0022-1996(02)00060-0

Authors: Lutz Kilian, Mark P. Taylor

Institutions: European Central Bank, University of Michigan, Centre for Economic Policy Research, University of Warwick

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W3123021517

FWCI: 70.92

Cites: 56

Cited by: 812

Related to: 10