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Real exchange rate persistence and the excess return puzzle: The case of Switzerland versus the US
Katarina Juselius
, Katrin Assenmacher
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Keyphrases
Switzerland
100%
Real Exchange Rate Persistence
100%
Excess Returns
100%
Nominal Exchange Rate
66%
Feedback Mechanism
33%
Equilibrium Value
33%
Knowledge Base
33%
Foreign Exchange Market
33%
Parity Conditions
33%
I(2)
33%
Uncertainty Premium
33%
Long-run Equilibrium
33%
Cointegrated VAR Model
33%
Expected Change
33%
Long Swings
33%
Foreign Interest Rates
33%
PPP Puzzle
33%
Imperfect Knowledge
33%
Rational Expectations
33%
Self-reinforcing Feedback
33%
Interest Rate Differential
33%
Economics, Econometrics and Finance
Purchasing Power Parity
100%
Exchange Rate
100%
Rational Expectation
50%
Foreign Exchange Market
50%
Yield Curve
50%