Uncovered Interest Parity and Monetary Policy Near and Far from the Zero Lower Bound
收藏NBER2015-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21159
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资源简介：
Relying upon a standard New Keynesian DSGE, we propose an explanation for two empirical findings in the international finance literature. First, the unbiasedness hypothesis the proposition that expost exchange rate depreciation matches interest differentials is rejected much more strongly at short
提供机构：
美国国家经济研究局
创建时间：
2015-05-01
