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Original Articles

The risk premium on the Australian dollar in the 30-day forward market

Pages 233-235 | Received 16 Aug 1995, Published online: 02 Nov 2006

References

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  • Kearney , C. and McDonald , I. 1991 . Efficiency in the forward foreign exchange market: weekly tests of the Australian/US dollar exchange rate, January 1984–March 1987 . Economic Record , 67 : 237 – 42 .
  • Geweke , J. and Feige , E. 1979 . Some joint tests of the efficiency of markets for forward foreign exchange . Review of Economics and Statistics , 61 : 334 – 41 .
  • Rich , R. , Raymond , J. and Butler , J. 1991 . Generalised instrumental variables estimation of autoregressive conditional heteroskedastic models . Economic Letters , 35 : 179 – 85 .
  • Tease , W. 1988 . Speculative efficiency and the exchange rate: some evidence since the float . Economic Record , 64 ( 184 ) : 2 – 13 .

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