Location, location, location: currency effects and return predictability?

Most international financial market studies that compare across countries utilize the US dollar as the common numeraire. We explore the little studied question of the appropriate choice for the base currency and ask if currency choice can affect the final conclusion of whether predictability exists....

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Bibliographic Details
Main Authors: Steven J. Jordan, Andrew Vivian, Mark Wohar
Format: Default Article
Published: 2015
Subjects:
FX
Online Access:https://hdl.handle.net/2134/21752
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