Testing the unbiased forward rate hypothesis - by Rami Nabil Rishani

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According to the unbiased forward exchange rate hypothesis, the forward exchange rate is an unbiased predictor of the spot exchange rate observed one period lat er. Similar to say, the forward exchange rate reflects available information abo ut the exchan

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Project (M.A.F.E.)--American University of Beirut, Dept. of Economics, 2008.;"First Reader : Dr. Simon Neaime, Professor, Dept. of Economics.--Second Reader : Dr. Isabella Ruble, Assistant Professor, Dept. of Economics."
Bibliography : leaves 54-55.

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