Uncovered Interest Parity

Uncovered Interest Parity
This note provides an overview of the uncovered interest parity assumption. It traces the history of the interest parity concept, summarizes evidence on the empirical validity of uncovered interest parity, and discusses the implications for macroeconomic analysis. The uncovered interest parity assumption has been an important building block in... READ MORE...

Publication date: May 1991
ISBN 9781451847017
$15.00

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