Speculation and Financial Markets 2002 ÌÇÐÄvlog¹ÙÍø Authors See citation below for complete author information. Jeffrey Frankel James W. Harpel Professor of Capital Formation and Growth Citation Frankel, Jeffrey A., and Ken Froot. "Forward Discount Bias: Is it an Exchange Risk Premium?" Speculation and Financial Markets. Ed. Mark Taylor and Liam Gallagher. Elgar, 2002.