18 Figure 11 shows the corresponding graphs for all the currencies. Page 11. The New Fama Puzzle. Table 1 Fama regression results. Sample period refers to ...

Feb 15, 2018 · Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating ...

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Jul 5, 2018 · The 'Fama puzzle' is the finding that ex post depreciation and interest differentials are negatively correlated, contrary to what theory ...

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