
Deviations From Uncovered Interest Parity : A Global Guide to Where the Action Is »
Journal Issue
Volume/Issue: 1998/117
Series: IMF Working Papers
Author(s): Evan Tanner
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 1998
DOI: http://dx.doi.org/10.5089/9781451941647.001
ISBN: 9781451941647
Keywords: exchange rate, real exchange rate, inflation, exchange rates, real exchange rates
Ex-post deviations from uncovered interest parity (UIP) – realized differences between dollar returns on identical assets of different currencies – equal the real interest differential plus real excha...