The Forward Premium is Still a Puzzle
NBER Working Paper No. 13129
---- Acknowledgments ----
I thank John Cochrane, Martin Eichenbaum, Ravi Jagannathan, Sergio Rebelo, Michael Weber and an anonymous referee for helpful comments, and the National Science Foundation for financial support (SES-0516697). The usual disclaimer applies. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.