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Department of Finance, LSE
Professor of Finance
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We study exchange rate expectations in surveys of financial professionals and find that they successfully forecast currency appreciation at the two...
American Economic Review, 112 (8), 2465-2517
Research highlight
Journal of Financial Economics, 145(1), 154-177
Journal of Finance, 76 (6), 3211-3254
This paper studies the restrictions on consumption, portfolio choice, and social discounting implied by a sustainability constraint, that utility...
The Economic Journal, 131 (634), 946–969