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• W1982423500 abstract "The conditional capital asset pricing model is applied to foreign currency futures prices, covariance risk being measured relative to excess returns from a broadly diversified portfolio of equities. Positive time-varing risk premia are found in all five currencies tested when the difference between the US and the average foreign interest rate is used as an intrumental variable for the expected excess return from the common stock portfolio." @default.
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• W1982423500 date "1990-12-01" @default.
• W1982423500 modified "2023-09-26" @default.
• W1982423500 title "Single Beta Models and Currency Futures Prices" @default.
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