International Parity Conditions

Name: International Parity Conditions
Author: Razzaque H. Bhatti

Theory, Econometric Testing and Empirical Evidence

Specificaties

Gebonden, blz. | Engels

Palgrave Macmillan UK | e druk, 1997

ISBN13: 9780333667897

Rubricering

Palgrave Macmillan UK e druk, 1997 9780333667897

122,99

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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