NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Carry Trades and Currency Crashes

Markus K. Brunnermeier, Stefan Nagel, Lasse H. Pedersen

Chapter in NBER book NBER Macroeconomics Annual 2008, Volume 23 (2009), Daron Acemoglu, Kenneth Rogoff and Michael Woodford, editors (p. 313 - 347)
Conference held April 4-5, 2008
Published in April 2009 by University of Chicago Press
© 2009 by the National Bureau of Economic Research
in NBER Book Series NBER Macroeconomics Annual

download in pdf format
   (920 K)

email paper

This paper is available as PDF (920 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

This chapter first appeared as NBER working paper w14473, Carry Trades and Currency Crashes, Markus K. Brunnermeier, Stefan Nagel, Lasse H. Pedersen
Commentary on this chapter:
  Comment, Craig Burnside
  Comment, Hanno Lustig, Adrien Verdelhan
  Discussion, Daron Acemoglu, Kenneth Rogoff, Michael Woodford
Users who downloaded this chapter also downloaded these:
Jordà and Taylor w15518 The Carry Trade and Fundamentals: Nothing to Fear But FEER Itself
Burnside, Eichenbaum, Kleshchelski, and Rebelo w14054 Do Peso Problems Explain the Returns to the Carry Trade?
Farhi, Fraiberger, Gabaix, Ranciere, and Verdelhan w15062 Crash Risk in Currency Markets
Clarida, Davis, and Pedersen w15523 Currency Carry Trade Regimes: Beyond the Fama Regression
Burnside Comment on "Carry Trades and Currency Crashes"
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us