IDEAS home Printed from https://ideas.repec.org/a/hrs/journl/vixy2017i1p127-134.html
   My bibliography  Save this article

The Uncoverd Interest Parity Puzzle (Uip): Evidence From Major Currencies

Author

Listed:
  • Athanasios PETSAS

    (MSc. Hellenic Open University)

  • Theodoros PELAGIDIS

    (Professor, University of Piraeus & NR Senior Fellow, Brookings Institution, US. 21, Lambraki str., GR-18533)

Abstract

This paper investigates empirically the Uncovered Interest Parity puzzle, highlighting the weak relationship between exchange rates and interest rates in particular, using data for the exchange and interest rates from four countries, in different time horizons, running from 3 to 60 months. The analysis in particular focuses on the deviations from rational expectations as a possible explanation of the UIP puzzle.

Suggested Citation

  • Athanasios PETSAS & Theodoros PELAGIDIS, 2017. "The Uncoverd Interest Parity Puzzle (Uip): Evidence From Major Currencies," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 127-134, June.
    • Handle: RePEc:hrs:journl:v:ix:y:2017:i:1:p:127-134
    as

    Download full text from publisher

    File URL: http://www.rsijournal.eu/ARTICLES/June_2017/10.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    UIP; PPP; Exchange rates;
    All these keywords.

    JEL classification:

    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hrs:journl:v:ix:y:2017:i:1:p:127-134. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dimitrios K. Kouzas (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.