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
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)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:159:y:2017:i:c:p:204-207
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 Dana Niculescu ().