Currency Carry Trade

dc.date.accessioned	2019-01-08T09:27:23Z
dc.date.available	2019-01-08T09:27:23Z
dc.date.issued	2014
dc.identifier.issn	1893-966X
dc.identifier.uri	http://hdl.handle.net/11250/2579590
dc.description.abstract	The carry trade in currency markets means that an investor buys a high-yielding currency and finances this by borrowing money in a currency with a low interest rate. The empirical literature on the carry trade indicates that the average return from this strategy is positive and statistically and economically significant. There are, however, also prolonged periods of losses involved with the carry trade, which seems to be consistent with a risk-based explanation.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	Norges Bank	nb_NO
dc.relation.ispartofseries	Discussion note;3/2014
dc.relation.ispartofseries	Diskusjonsnotat;3/2014
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no	*
dc.title	Currency Carry Trade	nb_NO
dc.title.alternative	«Carry trade» i valutamarkedet	nb_NO
dc.type	Others	nb_NO
dc.description.version	publishedVersion	nb_NO
dc.subject.nsi	VDP::Samfunnsvitenskap: 200::Økonomi: 210	nb_NO
dc.source.pagenumber	26	nb_NO

Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal