Real interest rate convergence under the euro

Applied Economics Letters

Volumn 15, Issue 6, 2008, Pages 473-476

  Jenkins, Michael ^a   Madzharova, Petya ^b  

^a ST LAWRENCE UNIVERSITY   (United States)

^b UNIVERSITY OF NEVADA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

COINTEGRATION ANALYSIS; CONVERGENCE; EUROPEAN MONETARY UNION; FINANCIAL MARKET; INTEREST RATE;

EURASIA; EUROPE;

EID: 42549172046     PISSN: 13504851     EISSN: 14664291     Source Type: Journal    
DOI: 10.1080/13504850600706479     Document Type: Article

References (8)

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2. Fountas, S. and Wu, J. (1999) Testing for real interest rate convergence in European Countries. Scottish Journal of Political Economy, 46, pp. 158-174.
3. Fraser, P. and Taylor, M. (1990) Some efficient tests of international real interest parity. Applied Economics, 22, pp. 610-622.
4. Hakkio, C. and Rush, M. (1989) Market efficiency and cointegration: An application to the sterling and deutschemark exchange rates. Journal of International Money and Finance, 8, pp. 75-88.
5. Holmes, MJ (2002) Does long-run real interest parity hold among EU countries? Some new panel data evidence. The Quarterly Review of Economics and Finance, 42, pp. 733-746.
6. McDonald, R. and Taylor, MP (1991) Testing efficiency in the interwar foreign exchange market: A multiple time series approach. Weltwirtschaftliches Archiv, 127, pp. 500-523.
7. Mishkin, FS (1984) Are real interest rates equal across countries? An empirical investigation of international parity conditions. Journal of Finance, 39, pp. 1345-1347.
8. Pedroni, P. (2004) Panel cointegration; asymptotic and finite sample properties of pooled time series tests, with an application to the PPP hypothesis. Econometric Theory, 20, pp. 597-625.