A variable risk premium has often been cited by economists as a possible explanation for the apparent
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A variable risk premium has often been cited by economists as a possible explanation for the apparent failure of the unbiasedness hypothesis to fit the facts. Looking at the risk premium model, as it is set out in this chapter, does this seem a plausible explanation?
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Exchange Rates and International Finance
ISBN: 978-0273786047
6th edition
Authors: Laurence Copeland
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