Does the covered interest rate parity fit for China?
نویسندگان
چکیده
منابع مشابه
Tests of Covered Interest Rate Parity
ECEN’FLY there has been considerable interest in and investigations of whether the covered interest parity (CIP) holds. At the inicroeconomic level, CIP is important because is it a direct consequence of covered interest arbitrage. Its failure to hold would suggest 1) that markets are inefficient in the sense that traders do not take advantage of known profit opportunities, 2) that legal restri...
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ژورنال
عنوان ژورنال: Economic Research-Ekonomska Istraživanja
سال: 2019
ISSN: 1331-677X,1848-9664
DOI: 10.1080/1331677x.2019.1642780