The Behavior of Interest Rate Differentials under Shifting Exchange Rate Regimes: The Experience of Chile, Colombia and Israel
This paper studies the dynamics of the interest rate differential across band and floating exchange rate regimes in Chile, Colombia and Israel, and in a benchmark group composed of Italy, Portugal and Spain. Significant differences in the interest rate-exchange rate link are found between the two gr...
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| Language: | English |
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Instituto de Economía, Pontificia Universidad Católica de Chile
2005
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| Online Access: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212005012500005 |
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