On empirical exchange rate models: what does a rejection of the symmetry restriction on short-run interest rates mean?

Academic Article

Keywords

  • empirical exchange rate models
  • interest rates and symmetry restrictions
  • rational expectations
  • theories consistent expectations
  • Digital Object Identifier (doi)

    Start Page

  • 673
  • End Page

  • 688
  • Volume

  • 19
  • Issue

  • 5