Interpreting Currency Movements During the Crisis : What's the Role of Interest Rate Differentials?

What's the Role of Interest Rate Differentials?

Interpreting Currency Movements During the Crisis : What's the Role of Interest Rate Differentials?
Using an adaptation of the Uncovered Interest Parity (UIP) condition, this paper analyzes the drivers behind the large, symmetric exchange rate swings observed during the financial crisis of 2008-2010. Employing a Nelson-Siegel model, we estimate yield curves and decompose the exchange rate movements into changes we attribute to monetary policy... READ MORE...

Publication date: January 2011
ISBN 9781455212521
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: January 2011

PDF

Publication date: January 2011

ePub

Publication date: January 2011

Mobi

Publication date: January 2011

English