The interest parity theorem, invariance, and the instantaneous forward premium: A clarification
Kritische Bemerkungen
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Keywords
Interest Rate Foreign Exchange Financial Economic Traditional Formulation Foreign Currency
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References
- Keynes, John Maynard,The General Theory of Employment, Interest and Money. London, 1960, (1st Ed. 1936.)Google Scholar
- Payson III,Harold, “The Interest Parity Theorem, Invariance, and the Instantaneous Forward Premium”,Weltwirtschaftliches Archiv, Vol. 113, 1977, pp. 40–47.CrossRefGoogle Scholar
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© Institut fur Weltwirtschaft an der Universitat Kiel 1979