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

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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
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Brunnermeier, Nagel, and Pedersen w14473 Carry Trades and Currency Crashes
 
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