硕士论文代写:远期利率

硕士论文代写:远期利率

本文讨论了未来的保费难题,并在此基础上探讨了相关可能的解释。远期利率不偏性假说是本文研究的一个重要的解释。这一假设意味着,远期利率是在风险中立假设和理性预期中(Kearns, 2007)在风险中立假设和期望中作为一个无偏预测指标的未来利率。远期溢价之谜进一步与未发现的利益方的失败有更密切的关系。这一难题与远期利率偏差现象有更密切的关系。

硕士论文代写:远期利率

这个谜题是这样一个发现错误的方向是指出的远期溢价在汇率(地点)的汇率(地点)(Wang et al., 2009)。根据未发现的利率平价,当持有利率平价的时候,在远期利率和利率的差值之间的折现,需要在改变不偏的预测因子的情况下。这里假设了理性预期。对于远期利率的疑问,通过这个利率不允许在获得未来的即期汇率的无偏见预测(Sercu et al., 2006)。为了确定远期溢价之谜,必须假定错误的术语是与普通对数的分布。

硕士论文代写:远期利率

This essay discusses the forward premium puzzle along with ensuring to explore the puzzle related possible explanations. Forward rate unbiasedness hypothesis is an essential explanation utilized for the purpose of this essay. This hypothesis implies that the forward rate is corresponding future rate of spot as an unbiased predictor within the risk neutrality assumption and expectation rationally (Kearns, 2007). The forward premium puzzle furthermore has a closer relationship to the uncovered interest party failure.The puzzle has a closer relationship to the forward rate bias phenomenon.

硕士论文代写:远期利率
This puzzle is such a finding that wrong direction is pointed out by the forward premium for the movement of ex post in the rate of exchange (spot) (Wang et al., 2009). According to uncovered parity of interest, when interest parity cover is held, then the discounting in forward direction as well as the differential of interest needs to be before change unbiased predictors within the rate of spot. Rational expectations are assumed here. The puzzle for forward rate biasness is provided through the perspective that this rate does not allow in obtaining future spot rate based unbiased forecast (Sercu et al., 2006). In order to identify the forward premium puzzle, it has to be assumed that the term of error is distribution with normal log.

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