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Are Real Interest Rates Equal Across Countries? An Empirical Investigation of International Parity Conditions

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NBER1982-12-01 更新2025-01-04 收录
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The proposition that real rates are equal across countries is worth studying because it is central to our understanding of open economy macroeconomics and because it is also an important issue to policy makers. If it is true, then domestic monetary authorities have no control over their real rate

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1982-12-01
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