International risk sharing is better than you think
Subtitle: or exchange rates are much too smooth
By: Michael W. Brandt, John H. Cochrane, Pedro Santa-Clara.
Contributors: Cochrane, John H.; Santa Clara, Pedro.; National Bureau of Economic Research.
Series: NBER working paper series -- no. 8404; Working paper series (National Bureau of Economic Research) -- working paper no. 8404.
Publisher: National Bureau of Economic Research
Published: 2001
Place of publication: Cambridge, MA
Language: eng
Number of pages: 32
Subjects: Foreign exchange rates -- Econometric models.; Risk -- Econometric models.
Notes: "July 2001."

JEL no. G12, G15, F31.

Includes bibliographical references (p. 22-24).

Electronic access limited to Binghamton University faculty, staff and students for instructional and research purposes only.

Electronic version available via the Internet at the NBER World Wide Web site.