Risk Aversion, Efficient Markets, and the Forward Exchange Rate
Kees G. Koedijk and Mack Ott review the role of the risk premium in foreign exchange markets and its relation to interest rate differentials between the economies involved.
Kees G. Koedijk and Mack Ott review the role of the risk premium in foreign exchange markets and its relation to interest rate differentials between the economies involved.
Keith M. Carlson summarizes and examines fiscal policy to determine whether the direction of fiscal actions over the years generally has been consistent with the Employment Act.