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:
F21
F36
Online Access: Fulltext
Database: RePEc
RePEc IDEAS
CrossRef
Database information Databases - DBIS