Expectations in Financial Markets – A Survey Data Approach
ISBN:
978-3-631-58560-3
Verlag:
Peter Lang GmbH, Internationaler Verlag der Wissenschaften
Land des Verlags:
Deutschland
Erscheinungsdatum:
16.07.2009
Bearbeiter:
Reihe:
Studien zu Internationalen Wirtschaftsbeziehungen
Format:
Softcover
Seitenanzahl:
142
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Knowing how expectations are formed in the financial markets is crucial to understanding how financial markets work. Although the market price itself reflects to some extent expectations, market expectations cannot be observed directly. Nonetheless, different strategies remain to investigate expectations in financial markets in more detail. This book uses survey data which allow a detailed analysis of market’s expectations since it provides information of expectations of individual economic agents. This book focuses on the two major financial markets in terms of trading volume, namely the foreign exchange market and the money market. Since these markets can be regarded as highly liquid and market participants have equal access to information both markets can be regarded as appropriate candidates to investigate the expectation formation process.
Biografische Anmerkung
The Author: Jan-Christoph Rülke was born in Düsseldorf (Germany). He studied economics at the universities of Frankfurt on the Main and Gießen. He was research assistant and doctoral student at the WHU-Otto Beisheim School of Management in Vallendar (Germany) from 2005 to 2008. In 2007 and 2008 he worked with the European Central Bank and visited the London School of Economics. Currently, he is working as Assistant Professor at the WHU-Otto Beisheim School of Management.









