The Term Structure of Currency Carry Trade Risk Premia
收藏NBER2013-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19623
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资源简介：
Fixing the investment horizon, the returns to currency carry trades decrease as the maturity of the foreign bonds increases. The local currency term premia, which increase with the maturity, offset the currency risk premia. The time-series predictability of foreign bond returns in dollars similarly
提供机构：
美国国家经济研究局
创建时间：
2013-11-01
