Hayashi Source: Bekaert, G., and R. Hodrick, 1993, "On Biases in the Measurement of Foreign Exchange Risk Premiums," Journal of International Money and Finance, 12, 115-138.

data('dm')

Format

A data.frame with 778 observations on 4 variables:

  • date: date of the observation

  • spot_rate: the ask price of the US Dollar in units of the Deutsche Mark in the spot market on Friday of the current week,

  • forward_30: the ask price of the US Dollar in units of the Deutsche Mark in the 30-day forward market on Friday of the current week

  • spot_30: : the bid price of the US Dollar in units of the Deutsche Mark in the spot market on the delivery date on a current forward contract

Source

https://sites.google.com/site/fumiohayashi/hayashi-econometrics/data-for-empirical

Details

A time series data set at weekly frequency of the US Dollar / Deutsche Mark exchange rate. Data period is January 1975 to November 1989.

Notes

Used in the Empirical Exercise of Chapter 6.

Examples

str(dm)
#> Classes ‘tbl_df’, ‘tbl’ and 'data.frame': 778 obs. of 4 variables: #> $ date : Date, format: "1975-01-03" "1975-01-10" ... #> $ spot_rate : num 2.4 2.38 2.38 2.33 2.34 ... #> $ forward_30: num 2.39 2.37 2.38 2.32 2.34 ... #> $ spot_30 : num 2.39 2.35 2.31 2.3 2.29 ...