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- W2025831569 abstract "Abstract The paper's objective is to explore the link between the term structure of deviations from the Uncovered Interest Rate Parity (UIRP) and the term structure of cross-currency interest rates’ spreads. The empirical part of the paper investigates the possibility of a maturity-dependent deviation from the UIRP. By employing a VAR the uniformity of the deviation across the maturity spectrum is tested. Failure to ‘accept’ the null that the term structure of the cross-currency interest rate spread conforms to the Expectations Hypothesis provides evidence for maturity-dependent international asset substitutability." @default.
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- W2025831569 date "2003-02-01" @default.
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- W2025831569 title "The term structure of deviations from the interest parity" @default.
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- W2025831569 doi "https://doi.org/10.1016/s1042-4431(02)00026-4" @default.
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