Five Facts about the UIP Premium
收藏数据链接:
官方服务:
资源简介:
We introduce a new measure of currency risk for emerging markets, the UIP premium, and highlight five key insights into its cross-sectional and time-series properties. We derive the UIP premium from survey data on exchange rate expectations and show that it captures a substantial local risk factor,
提供机构:
美国国家经济研究局创建时间:
2021-06-01



