Real interest parity in Central and Eastern European countries: evidence on integration into EU and the US markets
We investigate the validity of real interest parity (RIP) for the 13 Central and Eastern European countries, over the period 1996–2011. We consider a panel stationarity test that allows for multiple breaks advocated by Carrion-i-Silvestre et al. (2005) and confirmed the strong version of RIP. We fou...
| Main Authors: | , , |
|---|---|
| 格式: | Article |
| 語言: | English |
| 出版: |
Elsevier
2013
|
| 在線閱讀: | http://psasir.upm.edu.my/id/eprint/28299/1/Real%20interest%20parity%20in%20Central%20and%20Eastern%20European%20countries.pdf |