Real interest parity and transaction costs for the group of 10 countries

Equality of ex ante real interest rates is investigated allowing for variations within a transaction costs band. Transaction costs are estimated in foreign exchange markets and in Eurocurrency markets directly from the bid–ask spreads. Two one-sided t tests show that observed transaction costs are t...

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Bibliographic details
Volume:	11
Main Author:	Al-Awad, Mouawiya Grennes, Thomas J
Format:	Journal Article
Language:	English
Place of publication:	Greenwich Elsevier Inc 2002 Elsevier Elsevier Science Ltd
published in:	International review of economics & finance Vol. 11; no. 4; pp. 363 - 372
Data of publication:	2002
ISSN:	1059-0560 1873-8036
EISSN:	1873-8036
Discipline:	Economics Business
Series:	International Review of Economics & Finance
Subjects:	Real interest parity Two one-sided t tests G-10 Transaction costs Real interest rates Studies Spread Costs Manycountries Foreign exchange markets Mathematical models Interest rates Real interest parity Two one-sided t tests F21 G-10 F36 Transaction costs Real interest rates
Online Access:	Fulltext
Database:	RePEc RePEc IDEAS CrossRef Database information Databases - DBIS