Managed floating and the independence of interest rates
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Farber, Andre & Roll, Richard & Solnik, Bruno, 1977.
"An empirical study of risk under fixed and flexible exchange,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 5(1), pages 235-265, January.
- André Farber & Richard Roll & Bruno Solnik, 1977. "An empirical study of risk under fixed and flexible exchange," ULB Institutional Repository 2013/11352, ULB -- Universite Libre de Bruxelles.
- André Farber & Richard Roll & Bruno Solnik, 1977. "An empirical study of risk under fixed and flexible exchange," ULB Institutional Repository 2013/198721, ULB -- Universite Libre de Bruxelles.
- White, Betsy Buttrill & Woodbury, John R, III, 1980. "Exchange Rate Systems and International Capital Market Integration," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 12(2), pages 175-183, May.
- Jerome L. Stein, 1965. "The Forward Rate and the Interest Parity," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 32(2), pages 113-126.
- Frenkel, Jacob A & Levich, Richard M, 1975. "Covered Interest Arbitrage: Unexploited Profits?," Journal of Political Economy, University of Chicago Press, vol. 83(2), pages 325-338, April.
- David H. Howard, 1979. "The real rate of interest on international financial markets," International Finance Discussion Papers 136, Board of Governors of the Federal Reserve System (U.S.).
- repec:bla:scandj:v:78:y:1976:i:2:p:327-39 is not listed on IDEAS
- Hans R. Stoll, 1968. "An Empirical Study of the Forward Exchange Market under Fixed and Flexible Exchange Rate Systems," Canadian Journal of Economics, Canadian Economics Association, vol. 1(1), pages 55-78, February.
- Aliber, Robert Z, 1973. "The Interest Rate Parity Theorem: A Reinterpretation," Journal of Political Economy, University of Chicago Press, vol. 81(6), pages 1451-1459, Nov.-Dec..
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Edward Nelson, 2020.
"The Continuing Validity of Monetary Policy Autonomy under Floating Exchange Rates,"
International Journal of Central Banking, International Journal of Central Banking, vol. 16(2), pages 81-123, March.
- Edward Nelson, 2017. "The Continuing Validity of Monetary Policy Autonomy Under Floating Exchange Rates," Finance and Economics Discussion Series 2017-112, Board of Governors of the Federal Reserve System (U.S.).
- Edward Nelson, 2012.
"A Review of Allan Meltzer’s A History of the Federal Reserve, Volume 2,"
International Journal of Central Banking, International Journal of Central Banking, vol. 8(2), pages 241-266, June.
- Edward Nelson, 2011. "A review of Allan Meltzer's \"A History of the Federal Reserve, Volume 2\"," Finance and Economics Discussion Series 2011-59, Board of Governors of the Federal Reserve System (U.S.).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Bruce Felmingham & SuSan Leong, 2005. "Parity conditions and the efficiency of the Australian 90‐ and 180‐day forward markets," Review of Financial Economics, John Wiley & Sons, vol. 14(2), pages 127-145.
- Valdivia, Mario & Zahler, Roberto, 1987. "Asimetrías de la liberalización financiera y el problema de las deudas interna y externa," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 35845, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
- P. Chong, 1987. "Does Interest Parity Hold for Australia?," Economics Discussion / Working Papers 87-03, The University of Western Australia, Department of Economics.
- Bilson, Chris & Brailsford, Tim & Rajaguru, Gulasekaran, 2022. "Covered interest rate parity deviations in the Asia-Pacific," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 77(C).
- Christine Ries, 2001. "Enterprise risk management: Applications of economic modeling and information technology," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 2(2), pages 1-8, September.
- Ferreira, Paulo & Dionísio, Andreia & Zebende, G.F., 2016.
"Why does the Euro fail? The DCCA approach,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 443(C), pages 543-554.
- Andreia Teixeira Marques DionÃsio & Paulo Jorge Silveira Ferreira, 2014. "Why does the Euro fail? The DCCA approach," CEFAGE-UE Working Papers 2014_15, University of Evora, CEFAGE-UE (Portugal).
- Eijffinger, Sylvester C. W. & Huizinga, Harry P. & Lemmen, Jan J. G., 1998.
"Short-term and long-term government debt and nonresident interest withholding taxes,"
Journal of Public Economics, Elsevier, vol. 68(3), pages 309-334, June.
- Eijffinger, S.C.W. & Huizinga, H.P. & Lemmen, J.J.G., 1996. "Short-Term and Long-Term Government Debt and Nonresident Interest Withholding Taxes," Other publications TiSEM e3d75c9e-90ef-4f97-8445-e, Tilburg University, School of Economics and Management.
- Harry P. Huizinga & Jan J.G. Lemmen & Sylvester C.W. Eijffinger, 1997. "Short-Term and Long-Term Government Debt and Nonresident Interest Withholding Taxes," FMG Discussion Papers dp275, Financial Markets Group.
- Eijffinger, Sylvester & Huizinga, Harry & Lemmen, Jan, 1997. "Short-term and long-term government debt and non-resident interest withholding taxes," LSE Research Online Documents on Economics 119164, London School of Economics and Political Science, LSE Library.
- Eijffinger, S.C.W. & Huizinga, H.P. & Lemmen, J.J.G., 1996. "Short-Term and Long-Term Government Debt and Nonresident Interest Withholding Taxes," Discussion Paper 1996-88, Tilburg University, Center for Economic Research.
- Eijffinger, S.C.W. & Huizinga, H.P. & Lemmen, J.J.G., 1998. "Short-term and long-term government debt and non resident interest witholding taxes," Other publications TiSEM 68bb4272-d036-4192-9291-6, Tilburg University, School of Economics and Management.
- Bhar, Ramprasad & Kim, Suk-Joong & Pham, Toan M., 2004. "Exchange rate volatility and its impact on the transaction costs of covered interest rate parity," Japan and the World Economy, Elsevier, vol. 16(4), pages 503-525, December.
- Eaton, Jonathan & Turnovsky, Stephen J, 1983.
"Covered Interest Parity, Uncovered Interest Parity and Exchange Rate Dynamics,"
Economic Journal, Royal Economic Society, vol. 93(371), pages 555-575, September.
- Jonathan Eaton & Stephen J. Turnovsky, 1982. "Covered Interest Parity, Uncovered Interest Parity, and Exchange Rate Dynamics," NBER Working Papers 0984, National Bureau of Economic Research, Inc.
- Rosita P. Chang & Sang-Hyop Lee & Sean F. Reid & S. Ghon Rhee, 2002. "One-Way Arbitrage-Based Interest Parity," Tinbergen Institute Discussion Papers 02-115/2, Tinbergen Institute.
- Alfred Wong & David Leung & Calvin Ng, 2016. "Risk-adjusted Covered Interest Parity: Theory and Evidence," Working Papers 162016, Hong Kong Institute for Monetary Research.
- Richard C. Marston, 1993. "Interest Differentials under Bretton Woods and the Post-Bretton Woods Float: The Effects of Capital Controls and Exchange Risk," NBER Chapters, in: A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform, pages 515-546, National Bureau of Economic Research, Inc.
- Mark Holmes & Yangru Wu, 1997. "Capital controls and covered interest parity in the EU: Evidence from a panel-data unit root test," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 133(1), pages 76-89, March.
- Hernández, Juan R., 2014. "Peso-Dollar Forward Market Analysis: Explaining Arbitrage Opportunities during the Financial Crisis," MPRA Paper 100653, University Library of Munich, Germany.
- Wolfgang Maennig & Warren Tease, 1987. "Covered interest parity in non-dollar euromarkets," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 123(4), pages 606-617, December.
- Rajan, Murli & Friedman, Joseph, 1997. "An examination of the impact of country risk on the international portfolio selection decision," Global Finance Journal, Elsevier, vol. 8(1), pages 55-70.
- Paulo Ferreira & Andreia Dionisio, 2015. "Revisiting Covered Interest Parity in the European Union: the DCCA Approach," International Economic Journal, Taylor & Francis Journals, vol. 29(4), pages 597-615, December.
- Ghosh, Dilip K. & Arize, Augustine & Ghosh, Dipasri, 2015. "Trades in commodities, financial assets, and currencies: A triangle of arbitrage, hedging and speculative designs," Global Finance Journal, Elsevier, vol. 28(C), pages 1-9.
- Arusha Cooray, 2003. "Financial integration: some evidence from Australia," Applied Economics Letters, Taylor & Francis Journals, vol. 10(15), pages 959-966.
- Alfred Wong & David Leung & Calvin Ng, 2016. "How do housing purchase limits affect firm default risks in Mainland China?," Working Papers 172016, Hong Kong Institute for Monetary Research.
More about this item
Keywords
Interest rates; Foreign exchange rates; Europe;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedfer:y:1980:i:sum:p:6-23. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Federal Reserve Bank of San Francisco Research Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbsfus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.