In this paper we examine the relationship between the term structure of interest rates for six major European Union countries, to discover if the Exchange Rate Mechanism has lead to a converging of domestic term structures. We test this hypothesis using a model of international interest rate parity
Disclosure of financial interest: The first step
โ Scribed by E.P. Arnold
- Publisher
- John Wiley and Sons
- Year
- 2007
- Tongue
- English
- Weight
- 51 KB
- Volume
- 26
- Category
- Article
- ISSN
- 0733-2467
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