RDP 8603: Risk Premia, Market Efficiency and the Exchange Rate: Some Evidence Since the Float Equation (8)

S t+n =α+β F t,n + ν t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaacbaGaa83uam aaBaaaleaacaWF0bGaa83kaiaa=5gaaeqaaOGaeyypa0JaeqySdeMa ey4kaSIaeqOSdiMaa8NramaaBaaaleaacaWF0bGaa8hlaiaa=5gaae qaaOGaey4kaSIaeqyXdu3aaSbaaSqaaiaa=rhaaeqaaaaa@4619@