Rogoff, Kenneth (2006): "Impact of Globalisation on Monetary Policy", paper presented at Symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, on August 25, 2006. Venables, Anthony (2006): "Shifts in Economic Geography and Their Causes", paper presented at Symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, on August 25, 2006. 6  BIS Review 107/2006
To be clear, when I say "risk premium" I mean the additional compensation required by investors for holding a risky security--that is, one with uncertain returns--above the compensation that would be demanded by risk-neutral investors who care only about expected returns.