Uncovered Interest Parity, Forward Guidance, and the Exchange Rate
收藏NBER2020-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26797
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资源简介:
Under uncovered interest parity (UIP), the size of the effect on the real exchange rate of an anticipated change in real interest rate differentials is invariant to the horizon at which the change is expected. Empirical evidence using US, euro area and UK data points to a substantial deviation from
提供机构:
美国国家经济研究局
创建时间:
2020-03-01



