The exchange rate exposure puzzle: The long and the short of it

Stuart Snaith, Santi Termprasertsakul and Andrew Wood ()

Economics Letters, 2017, vol. 159, issue C, 204-207

Abstract: The exchange rate exposure puzzle has remained robust to empirical scrutiny however evidence suggests the puzzle abates when longer horizons are considered. This paper applies inference that is appropriate in a long horizon setting and finds this evidence is illusory.

Keywords: Exchange rate exposure; Economic exposure; Long horizon regression; Overlapping data (search for similar items in EconPapers)
JEL-codes: C13 C22 F23 F31 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176517303282
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:159:y:2017:i:c:p:204-207

DOI: 10.1016/j.econlet.2017.08.005

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().