Series: IMF Working Papers
Author(s): Ravi Balakrishnan , and Volodymyr Tulin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2006
Keywords: U.S. Dollar, Risk Premiums, risk premium, bonds, investors, treasury bonds, financial markets,
This paper sheds light on the attractiveness of U.S. assets by studying dollar risk premiums, calculated using Consensus exchange rate forecasts, and linking them to bilateral capital flows. The paper finds that th...