Uncovered interest parity and the peso problem: the Brazilian case

被引：10
|
作者：
Sachsida, A [1 ]
Ellery, R
Teixeira, JR
机构：
[1] Univ Brasilia, Inst Appl Econ Res, BR-70910900 Brasilia, DF, Brazil
[2] Univ Brasilia, Dept Econ, BR-70910900 Brasilia, DF, Brazil
来源：
APPLIED ECONOMICS LETTERS | 2001年 / 8卷 / 03期
关键词：
D O I：
10.1080/13504850150504559
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The uncovered interest parity (UIP) test for Brazil is presented from the standpoint of rational expectations hypothesis. The period is January 1984 to October 1998. The econometric tests validate the UIP just for the sub-period January 1990 to June 1994. The result suggests fail with the UIP in the Real Plan, validating the theoretical point proposed by Krasker.
引用
收藏
页码：179 / 181
页数：3
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