carry trades
Princeton Paper On Carry Trades & Currency Crashes
Read the full article: http://www.money-rx.com/blog/2008/04/carry-trades-and-curren...
A paper from Princeton on Carry trades and Currency Crashes, by Markus K. Brunnermeier, Princeton, Stefan Nagel, Stanford and Lasse H. Pedersen, NYU, raises some curious questions about a possible snowball building up for certain currencies.
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