NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Forward Premium Puzzle in a Two-Country World

Ian Martin

NBER Working Paper No. 17564
Issued in November 2011

---- Acknowledgments ----

I am grateful to Fernando Alvarez, Dave Backus, Thomas Baranga, John Cochrane, Darrell Due, Bernard Dumas, Lars Hansen, Bruce Lehmann, Robert Lucas, Monika Piazzesi, Roberto Rigobon, Martin Schneider, Nancy Stokey, and Harald Uhlig, and to seminar participants at Central European University, the University of Chicago, the Stanford Institute for Theoretical Economics conference, Stanford GSB, and UCSD for their comments. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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