Two Trees
John Cochrane,
Francis Longstaff,
Pedro Santa Clara
Review Of Financial Studies,
vol. 21, 2008, p. 347-385.
International Risk Sharing Is Better Than You Think, or Exchange Rates Are Too Smooth
Michael Brandt,
John Cochrane,
Pedro Santa Clara
Journal of Monetary Economics,
vol. 53, 2006, p. 671-698.