Skip to content
RDP 8603: Risk Premia, Market Efficiency and the Exchange Rate: Some Evidence Since the Float
Equation (18)
where
V
^
=
|
θ
^
1
T
1
0
0
θ
^
2
T
2
|
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaacbaGaa83Dai aa=HgacaWFLbGaa8NCaiaa=vgacaaMc8Uab8NDayaajaGaa8xpamaa emaabaqbaeqabiGaaaqaamaalaaabaGafqiUdeNbaKaadaWgaaWcba GaaGymaaqabaaakeaacaWFubWaaSbaaSqaaiaaigdaaeqaaaaaaOqa aiaaicdaaeaacaaIWaaabaWaaSaaaeaacuaH4oqCgaqcamaaBaaale aacaaIYaaabeaaaOqaaiaa=rfacaWLa8+aaSbaaSqaaiaaikdaaeqa aaaaaaaakiaawEa7caGLiWoaaaa@4D39@