Question: From 1982 to 1988 a number of countries e g Pakistan

From 1982 to 1988, a number of countries (e.g., Pakistan, Hungary, Venezuela) had a small or negative interest rate differential and a large average annual depreciation against the dollar. How would you explain these data? Can you reconcile these data with the international Fisher effect?


View Solution:


Sale on SolutionInn
Sales0
Views121
Comments
  • CreatedJune 27, 2014
  • Files Included
Post your question
5000