RDP 8603: Risk Premia, Market Efficiency and the Exchange Rate: Some Evidence Since the Float Equation (10)

T ( β ^ T β) d N(0,θ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaOaaaeaaie aacaWFubaaleqaaOGaaiikaiqbek7aIzaajaWaaSbaaSqaaiaa=rfa aeqaaOGaeyOeI0IaeqOSdiMaaiykaiaaykW7daWfGaqaaiabgkziUc WcbeqaaiaadseaaaGccaWFobGaa8hkaiaa=bdacaWFSaGaeqiUdeNa a8xkaaaa@4766@