Show simple item record

FieldValueLanguage
dc.contributor.authorKarfakis, C.
dc.contributor.authorParikh, A.
dc.date.accessioned2011-05-22
dc.date.available2011-05-22
dc.date.issued1993-05-01
dc.identifier.isbn0867587733
dc.identifier.urihttp://hdl.handle.net/2123/7410
dc.description.abstractThe 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, interest rate differentials and risk premia variables are used to test the UIP proposition. Two measures of risk premia variables are attempted. Our conclusion is that rational expectations of exchange rates dominate the interest differential even when risk premia are considered in an UIP equation.en
dc.language.isoen_AUen
dc.publisherDepartment of Economicsen
dc.relation.ispartofseriesWorking Papers in Economicsen
dc.rightsOther
dc.titleUncovered Interest Parity Hypothesis for Major Currenciesen
dc.typeWorking Paperen
usyd.facultyFaculty of Arts and Social Sciences, School of Economics
usyd.citation.issue186en


Show simple item record

Associated file/s

Associated collections

Show simple item record

There are no previous versions of the item available.