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Real interest rate differentials and foreign exchange markets in Canada

โœ Scribed by Farrokh R. Zandi; Syed Sajjadur Rahman


Book ID
112730863
Publisher
Springer US
Year
1986
Tongue
English
Weight
589 KB
Volume
14
Category
Article
ISSN
0197-4254

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Recent empirical work has shown the importance of nonlinear adjustment in the dynamics of real exchange rates and real interest differentials. This work suggests that the tenuous empirical linkage between the real exchange rate and the real interest differential might be strengthened by explicitly a