Forward Premium and Central Bank Intervention
碩士 === 淡江大學 === 產業經濟學系 === 91 === Most evidence support that forward foreign exchange rate is not the unbiased estimator of future spot rate and the reason of the biased estimator is risk-averse investors. The central bank intervene USD-NTD exchange rate market for economic growth and stability. Thi...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2003
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| Online Access: | http://ndltd.ncl.edu.tw/handle/51542608143002920934 |