Purpose This paper aims to investigate whether the interest rate differentials Granger cause
expected change in the exchange rate during the COVID-19 period. The study examines if …

The Asymmetric Effects of Oil Shocks on an Oil-exporting Economy* Page 1 CUADERNOS DE
ECONOMÍA, VOL. 47 (MAYO), PP. 3-13, 2010 * Juan Pablo Montero and two anonymous …

Using long time series for sovereign bond markets of fifteen industrialized economies from
1875 to 2009, I find that financial market integration by the end of the 20th century was …

This study examines the financial market integration of emerging markets into international
financial markets with regards to the real interest rate parity hypothesis. We focus on …

In early 2005, the Institute published a comprehensive study of the impact of the trade
globalization of the previous six decades on the American economy. 1 That analysis …

Households in emerging markets hold significant amounts of dollar deposits whereas firms
have significant amount of dollar debt. Motivated by perceived dangers, policymakers …

We use the wavelet coherency analysis in order to investigate the relationship between the
exchange rate changes and its major financial determinants for selected emerging …

This paper attempts to empirically identify strong safe havens among six currencies: the
Swiss franc, Japanese yen, British pound, euro, Canadian dollar and Norwegian krone …

A notable feature of the empirical studies on uncovered interest parity (UIP) is that almost all
published papers rely on the approximate form of UIP using substantially the same database …

This paper explores the risk adjusted uncovered equity parity model to investigate a degree
of market integration for four Asian emerging markets relative to the US, Japan and the UK …