Monetary Policy and Exchange Rate Returns: Time-Varying Risk Regimes
NBER Working Paper No. 25714
---- Acknowledgments ----
We thank Geert Bekaert, Pierre-Olivier Gourinchas, Bob Hodrick, Arvind Krishnamurthy, and seminar participants at George Washington University, SMU, Utah State, and Columbia University for helpful comments, and Elliot Oh, Ching-Tse Chen, Zheng Li, and Cristina Tessari for excellent research assistance. We thank Prattle for sharing their Central Bank Analytics data with us. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.