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RDP 8609: The Performance of Exchange Rate Forecasts
Equation
E
t
+
1
f
=
a
+
b
1
E
t
+
b
2
(
r
t
*
−
r
t
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyramaaDa aaleaacaWG0bGaey4kaSIaaGymaaqaaiaadAgaaaGccqGH9aqpcaWG HbGaey4kaSIaamOyamaaBaaaleaacaaIXaaabeaakiaadweadaWgaa WcbaGaamiDaaqabaGccqGHRaWkcaWGIbWaaSbaaSqaaiaaikdaaeqa aOWaaeWaaeaacaWGYbWaa0baaSqaaiaadshaaeaacaGGQaaaaOGaey OeI0IaamOCamaaBaaaleaacaWG0baabeaaaOGaayjkaiaawMcaaaaa @4B43@