Testing for real interest rate convergence over the long-run: Some further evidence

Sekioua Sofian

Article Details

Testing for real interest rate convergence over the long-run: Some further evidence

Authors:

Sekioua Sofian

Publisher:

Université Aboubeker Belkaid de Tlemcen

Journal:

les cahiers du mecas Vol.1 Issue 1, pp.29-41

Document Type:

Article

Publication Date:

4/2005

Document Language:

English

Document ID (Org No.):

2001406340

pISSN:

2600-6294

Keywords:

Abstract:

 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.

Article Details

Testing for real interest rate convergence over the long-run: Some further evidence

Authors:

Sekioua Sofian

Publisher:

Université Aboubeker Belkaid de Tlemcen

Journal:

les cahiers du mecas Vol.1 Issue 1, pp.29-41

Document Type:

Article

Publication Date:

4/2005

Document Language:

English

Document ID (Org No.):

2001406340

pISSN:

2600-6294

Real interest parity (RIP)

persistence

half-life

Issues

Article Details

Testing for real interest rate convergence over the long-run: Some further evidence

Authors: Sekioua Sofian

Publisher: Université Aboubeker Belkaid de Tlemcen

Journal: les cahiers du mecas Vol.1 Issue 1, pp.29-41

Document Type: Article

Publication Date: 4/2005

Document Language: English

Document ID (Org No.): 2001406340

pISSN: 2600-6294

Real interest parity (RIP)

persistence

half-life

Issues

Authors:

Sekioua Sofian

Publisher:

Université Aboubeker Belkaid de Tlemcen

Journal:

les cahiers du mecas Vol.1 Issue 1, pp.29-41

Document Type:

Article

Publication Date:

4/2005

Document Language:

English

Document ID (Org No.):

2001406340

pISSN:

2600-6294