EPISODE · Feb 13, 2009 · 7 MIN
3: Returns to the carry trade
from VoxTalk Vaults · host VoxTalks
Martin Eichenbaum interviewed by Romesh Vaitilingam, 13 February 2009Martin Eichenbaum of Northwestern University talks to Romesh Vaitilingam about the carry trade, a currency speculation strategy in which an investor borrows low-interest-rate currencies and lends high-interest-rate currencies. The interview was recorded at the American Economic Association meetings in San Francisco in January 2009.
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