Forex and carry
Why exchange rates are hard to forecast, why carry pays, and why carry trades crash together.
| Citation | Paper | Access | Difficulty | Score |
|---|---|---|---|---|
| Menkhoff et al. (2012) | Carry Trades and Global Foreign Exchange Volatility Journal of Finance | Free | Technical | 0 |
| Lustig et al. (2011) | Common Risk Factors in Currency Markets Review of Financial Studies | Free | Technical | 0 |
| Lustig & Verdelhan (2007) | The Cross Section of Foreign Currency Risk Premia and Consumption Growth Risk American Economic Review | Free | Technical | 0 |
| Evans & Lyons (2002) | Order Flow and Exchange Rate Dynamics Journal of Political Economy | Free | Technical | 0 |
| Fama (1984) | Forward and Spot Exchange Rates Journal of Monetary Economics | Paywalled | Technical | 0 |