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Research Publications and Outputs: Recent submissions

    • Do Movements in the Forward Discount on the Australian Dollar Predict Movements in Domestic Interest Rates? Evidence from a Time Series Analysis of Covered Interest Parity in Australia in the late 1980s 

      Karfakis, C.; Phipps, A.J.
      Published 1993-05-01
      This paper examines covered interest parity using cointegration techniques on a daily data set for Australian dollar/US dollar spot and forward exchange rates and Australian and US interest rates. While the forward premium ...
      Open Access
      Working Paper
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    • Citation Analysis of Publications on the Australian Tariff Debate 

      Towe, J.B.
      Published 1993-08-01
      Australia went from a highly protected trade regime (in the late 1960s-early 1970s) to a somewhat lower one (in the early 1990s). At the time of the Victorian Willis by-election in April, 1992, the Australian news media ...
      Open Access
      Working Paper
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    • The Information Content of the Yield Curve in Australia 

      Karfakis, C.; Moschos, D.M.
      Published 1993-04-01
      This paper examines the expectation theory of the term structure of interest rates in Australia by looking at the information content of the yield curve. Cointegration results provide evidence that the slope coefficient ...
      Open Access
      Working Paper
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    • Exchange Rates, Interest Rates and Current Account News: Some Evidence from Australia 

      Karfakis, C.; Kim, Suk-Joong
      Published 1993-09-01
      This paper investigates the Australian current account announcement effects on exchange rates and interest rates for the period July 1985 to December 1992. The results indicate that the Australian dollar depreciates and ...
      Open Access
      Working Paper
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    • Uncovered Interest Parity Hypothesis for Major Currencies 

      Karfakis, C.; Parikh, A.
      Published 1993-05-01
      The objectives of this paper are to examine the nominal uncovered interest parity (UIP) hypothesis for three major currencies against the US dollar using the monthly data for the period 1974-1989. Forward looking expectations, ...
      Open Access
      Working Paper
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