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Wages, interest rates and ERM

โœ Scribed by Nick Parsons


Book ID
111053407
Publisher
John Wiley and Sons
Year
1991
Tongue
English
Weight
709 KB
Volume
11
Category
Article
ISSN
0265-0665

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The term structure of interest rates and
โœ Mark J. Holmes; Eric J. Pentecost ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 188 KB ๐Ÿ‘ 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