Testing real interest parity in emerging markets /
The paper finds significant deviations between short-term emerging market real interest rates and world real interest rates primarily due to the inflationary expectations of the local investor base. We test for long-run real interest convergence in emerging markets using a time varying panel unit ro...
Clasificación: | Libro Electrónico |
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Autores principales: | , |
Autor Corporativo: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. :
International Monetary Fund, Middle East and Central Asia Dept.,
©2006.
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Colección: | IMF working paper ;
WP/06/249. |
Temas: | |
Acceso en línea: | Texto completo |