Related Books
Language: en
Pages: 36
Pages: 36
Type: BOOK - Published: 2019-01-16 - Publisher: International Monetary Fund
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
Language: en
Pages: 0
Pages: 0
Type: BOOK - Published: 2016 - Publisher:
Language: en
Pages: 63
Pages: 63
Type: BOOK - Published: 2018 - Publisher:
The failure of covered interest parity (CIP), or, equivalently, the persistence of cross-currency basis, in tranquil markets has posed a puzzle. By analysing th
Language: en
Pages: 35
Pages: 35
Type: BOOK - Published: 2019-08-02 - Publisher: International Monetary Fund
Asian countries have high demand for U.S. dollars and are sensitive to U.S. dollar funding costs. An important, but often overlooked, component of these costs i
Language: en
Pages: 14
Pages: 14
Type: BOOK - Published: 1991-05 - Publisher: International Monetary Fund
This note provides an overview of the uncovered interest parity assumption. It traces the history of the interest parity concept, summarizes evidence on the emp