文章基本信息

标题：On the equality of Real Interest Rates across borders in Integrated Capital Markets
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作者：Minford, Patrick,Peel, David
期刊名称：Cardiff Economics Working Papers / Cardiff University, Cardiff Business School
印刷版ISSN：1749-6101
出版年度：2005
卷号：2005
出版社：Cardiff University
摘要：The purpose in this letter is first to review briefly the empirical results on the relationship between real interest rates and real exchange rates; this empirical literature provides little support for the hypothesis of Roll that expected real interest rates are equal in general. Our second aim is to discuss the theoretical conditions that have to be met for his hypothesis to hold.
关键词：Real interest rates ; Real Exchange rates ; Roll ;