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The term structure of interest rates and the asset and liability decisions of a financial intermediary

✍ Scribed by William L. Sartoris


Book ID
116096172
Publisher
Elsevier Science
Year
1993
Tongue
English
Weight
802 KB
Volume
45
Category
Article
ISSN
0148-6195

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The term structure of interest rates and
✍ Mark J. Holmes; Eric J. Pentecost πŸ“‚ Article πŸ“… 1997 πŸ› John Wiley and Sons 🌐 English βš– 188 KB πŸ‘ 2 views

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