les cahiers du mecas
Volume 1, Numéro 1, Pages 29-41
2005-04-30
Authors : Sekioua Sofian .
This study presents additional evidence on the convergence speeds of real interest rate differentials. Using median unbiased estimation and impulse response analysis, since reporting only point estimates provides an which deviations from real interest party (RIP) die out. Moreover, since reporting only point estimates provides an incomplete picture of the speed of convergence toward RIP, median unbiased confidence intervals are also computed, this implies that the domestic authorities still have some scope to alter real economic activity through the real interest rate channel.
Real interest parity (RIP), persistence, half-life.
Akram Akram
.
pages 551-579.
Mohammed Akram
.
pages 430-451.
Yahia Amel
.
pages 469-494.
Kurukulasooriya Nisantha
.
Lelwala Erandathie
.
pages 25-43.
Alobaid Hussain M. A.
.
pages 162-182.