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TSUCHIYA YOICHI
Department Undergraduate School , School of Commerce Position Professor |
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| Language | English |
| Publication Date | 2013/08 |
| Type | Academic Journal |
| Peer Review | Peer reviewed |
| Title | Evaluating corporate executives' exchange rate forecasts under a flexible loss function |
| Contribution Type | Sole-authored |
| Journal | Applied Economics Letters |
| Journal Type | Another Country |
| Publisher | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD |
| Volume, Issue, Page | 20(12),pp.1135-1138 |
| Author and coauthor | Y. Tsuchiya |
| Details | We examine asymmetry in the loss function of corporate executives in their exchange rate forecasts and test for rationality of the forecast under the assumption of a possibly asymmetric loss function. We find evidence that the loss function of the forecast with a 1-year horizon is symmetric and support for rationality. These findings hold for manufacturing and nonmanufacturing sectors. |
| DOI | 10.1080/13504851.2013.792989 |
| ISSN | 1350-4851 |
| PermalinkURL | http://www.scopus.com/inward/record.url?eid=2-s2.0-84878577293&partnerID=MN8TOARS |
| URL for researchmap | http://orcid.org/0000-0003-2485-3959 |