https://www.bankofcanada.ca/2025/11/staff-working-paper-2025-29/
We show how Treasury demand shocks transmit to foreign exchange and bond markets globally. Higher Treasury demand weakens the U.S. dollar and raises foreign...
risk premiaforeign exchangebond marketsdemanddriven
https://www.frbsf.org/research-and-insights/publications/working-papers/2013/09/risk-aversion-risk-premia-and-the-labor-margin-with-generalized-recursive-preferences/
A flexible labor margin allows households to absorb shocks to asset values with changes in hours worked as well as changes in consumption. This ability to...
risk aversionpremialabormargingeneralized