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

ε t+90 = S t+90 − F t,90 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqyTdu2aaS baaSqaaGqaaiaa=rhacaWFRaGaa8xoaiaa=bdaaeqaaOGaeyypa0Ja a83uamaaBaaaleaacaWF0bGaey4kaSIaaGyoaiaaicdaaeqaaOGaey OeI0Iaa8NramaaBaaaleaacaWF0bGaaiilaiaaiMdacaaIWaaabeaa aaa@454E@