• Title of article

    When zero interest rate differentials signal a lack of currency peg credibility

  • Author/Authors

    Victoria Miller، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    5
  • From page
    357
  • To page
    361
  • Abstract
    A negative shock to bank insolvency fears causes a positive domestic–foreign interest rate differential if the currency peg is credible and a differential equal to zero if it is not: This is contrary to what is expected from interest rate parity.
  • Keywords
    Interest rate parity , Currency crises
  • Journal title
    Economics Letters
  • Serial Year
    2004
  • Journal title
    Economics Letters
  • Record number

    435368