premium estimates, the US dollar index and Carry trade familiarly emerge. I report that portfolios of negative spot return … properties are concerned, the Carry trade variance risk dominates the US dollar variance risk as a priced factor, contributing to … durchschnittlich eher negativ ist. Des Weiteren finde ich, dass der US Dollar-Index und das bekannte Carry Trade Portfolio die …

The five chapters of this dissertation deal with the topic of trade under different kinds of uncertainty. In the first … especially uncertainty about future exchange rates has a negative impact on trade. …

volatility and cross-country correlation of SDFs at moderate levels. The second chapter studies the degree of market integration …

countries. The dissertation is especially focused on identifying the causal impact of international trade on workers' mobility …-industry trade (IIT) expansion and associated worker flows, taking the latter as an indicator of labor-market adjustment costs. Being … than inter-industry trade expansion. The study therefore lends support to the use of IIT indices as first-pass proxies for …