haku: @indexterm ARCHIVES / yhteensä: 8
viite: 5 / 8
| Tekijä: | Cherubini, U. |
| Otsikko: | Exchange rate and interest rate polarization |
| Lehti: | Weltwirtschaftliches Archiv
1993 : VOL. 129:4, p. 651-661 |
| Asiasana: | EXCHANGE RATES INTEREST RATES ARCHIVES |
| Kieli: | eng |
| Tiivistelmä: | It has often been observed that when the dollar weakens the Deutsche mark tends to become stronger with respect to the other European currencies. Several estimates have shown that this phenomenon, clearly present at the beginning of the eighties, has recently declined as exchange rate stability has increased within the EMS area. This paper presents a theoretical discussion of the link between exchange rate and interest rate polarization. The authors report empirical evidence on the subject. |
SCIMA