Dollar carry trade risk premiums – unlike dollar-neutral or foreign exchange carry risk premiums – are positively … the entire premium, based on these proxies for the latent risk and price of risk states in the U.S. (and its business …

Dollar carry trade risk premiums - unlike dollar-neutral or foreign exchange carry risk premiums - are positively … (typically based on untestable claims) in which the variables above are proxies for the latent (quantity of) risk and price of … risk states - and the business cycle - in the U.S. explains the results in the present paper. However, I avoid making this …

a heteroskedasticity-based estimation technique. The results indicate that increases in what we call the "war risk …