... converting to the foreign currency, lending at the foreign interest rate, and converting the proceeds back to dollars. The stock and bond indices are total market returns from Datastream, the interest ... change in bond yields in both the domestic country and the US for bonds. Standard errors are reported in parenthesis. J-Stat denotes the p-value of the J-statistic to test the null hypothesis ... 42ECBWorking Paper Series No 883March 2008 855 “Assessing the factors behind oil price changes” by S. Dées, A. Gasteuil, R. K. Kaufmann and M. Mann, January 2008. 856 “Markups in the euro area and the...