Razzaque H. Bhatti,
Imad A. Moosa
Palgrave Macmillan UK
e druk, 1997
9780333667897
International Parity Conditions
Theory, Econometric Testing and Empirical Evidence
Specificaties
Gebonden, blz.
|
Engels
Palgrave Macmillan UK |
e druk, 1997
ISBN13: 9780333667897
Rubricering
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Samenvatting
This book presents an extensive survey of the theory and empirics of international parity conditions which are critical to our understanding of the linkages between world markets and the movement of interest and exchange rates across countries. The book falls into three parts dealing with the theory, methods of econometric testing and existing empirical evidence. Although it is intended to provide a consensus view on the subject, the authors also make some controversial propositions, particularly on the purchasing power parity conditions.
Specificaties
ISBN13:9780333667897
Taal:Engels
Bindwijze:gebonden
Uitgever:Palgrave Macmillan UK
Hoofdrubriek:Economie
Inhoudsopgave
List of Figures - List of Tables - Preface - Introduction - The Purchasing Power Parity Hypothesis - The Covered Interest Parity Hypothesis - Uncovered Interest Parity and the Efficient Market Hypothesis - Real Interest Parity and the Fisher Hypothesis - International Parity Conditions in a Cointegration Framework - Testing for Stationarity and Unit Root - Cointegration: Representation and Testing - Purchasing Power Parity: Model Specification and Related Econometric Issues - Purchasing Power Parity: The Empirical Evidence - Covered Interest Parity: The Empirical Evidence - Uncovered Interest Parity and the Efficient Market Hypothesis: The Empirical Evidence - Real Interest Parity and the Fisher Hypothesis: The Empirical Evidence - Concluding Remarks - References - Index
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