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Uncovered Interest Parity

Uncovered Interest Parity »

Volume/Issue: 1991/51

Series: IMF Working Papers

Author(s): Peter Isard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1991

DOI: http://dx.doi.org/10.5089/9781451847017.001

ISBN: 9781451847017

Keywords: exchange rates, exchange rate, spot exchange rate, forward exchange, exchange risk

This note provides an overview of the uncovered interest parity assumption. It traces the history of the interest parity concept, summarizes evidence on the empirical validity of uncovered interest parity, and disc...

Uncovered Interest Parity

Uncovered Interest Parity »

Source: Uncovered Interest Parity

Volume/Issue: 1991/51

Series: IMF Working Papers

Author(s): Peter Isard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1991

ISBN: 9781451847017

Keywords: exchange rates, exchange rate, spot exchange rate, forward exchange, exchange risk

This note provides an overview of the uncovered interest parity assumption. It traces the history of the interest parity concept, summarizes evidence on the empirical validity of uncovered interest parity, and disc...