RDP 8603: Risk Premia, Market Efficiency and the Exchange Rate: Some Evidence Since the Float Equation (15)

T 2 ( β ^ 2 β 2 ) d N(0, θ 2 ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaOaaaeaaie aacaWFubWaaSbaaSqaaiaaikdaaeqaaaqabaGccaGGOaGafqOSdiMb aKaadaWgaaWcbaGaaGOmaaqabaGccqGHsislcqaHYoGydaWgaaWcba GaaGOmaaqabaGccaGGPaWaaCbiaeaacqGHsgIRaSqabeaacaWGKbaa aOGaa8Ntaiaa=HcacaWFWaGaa8hlaiabeI7aXnaaBaaaleaacaaIYa aabeaakiaacMcaaaa@48A6@