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Standard carry trades, which consist of purchasing high- and selling low-yield currencies, provide an economic diversification effect. However, the diversification effect is not robust, and is not borne out by much statistical evidence. We introduce optimized carry trades, which incorporate risk...
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, outcome, and impact. The standardization process is not intended to screen contributions for value or significance. Against …
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This paper discusses the impact of a firm's technology portfolio on its market value. Two concepts are used to …
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