Title:

Do Peso Problems Explain the Returns to the Carry Trade?

Authors:

Craig Burnside (Duke U)
Martin Eichenbaum (Northwestern U, Fed Res Bk of Chicago)
Isaac Kleshchelski (Washington U in St Louis)
Sergio Rebelo (Northwestern U)

Journal:

Review Of Financial Studies

Year:

2011

Volume:

24

Pages:

853-891

JEL codes:

F31 - Foreign Exchange
G13 - Contingent Pricing; Futures Pricing
G15 - International Financial Markets