Lothian, J.R.

exchange interest error exchange rates fisher risk premium premium deviation regression exchange rate result currency change period interest rates forecast model risk premia evidence factor equation country relation parity paper price premia table estimate research university expectation interest rate journal coefficient market inflation factor model expectational errors irving interest rate parity puzzle irving fisher currency price parity conditions effect st +1 study sample figure behavior january uip regressions uip puzzle average ronald exchange rate expectations december point lothian economic series dollar condition slope value expectational theory 2005. exchange rate change inflation forecast errors form st +1 exchange rate communication japanese yen one-period change author erasmu management report finance