Tests Of Three Parity Conditions

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Tests of Three Parity Conditions
Language: en
Pages: 52
Authors: Richard C. Marston
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Type: BOOK - Published: 1994 - Publisher:

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Two explanations are given for why nominal or real returns differ across currencies: foreign exchange risk premia and systematic (rational) forecast errors. Thi
Tests of three parity conditions
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International Parity Conditions
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This book presents an extensive survey of the theory and empirics of international parity conditions which are critical to our understanding of the linkages bet
Testing International Parity Conditions for a Small Open Developing Economy
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Covered Interest Parity Deviations: Macrofinancial Determinants
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For about three decades until the Global Financial Crisis (GFC), Covered Interest Parity (CIP) appeared to hold quite closely—even as a broad macroeconomic re