Nusair, Salah A. - In: Annals of Economics and Finance 7 (2006) 2, pp. 425-457
This paper tests real interest parity (RIP) for a group of industrialized countries using quarterly data on long-term and short-term interest rates from 1957:1 to 2003:1. The paper looks at such issues as the lack of power in the standard unit root tests, spans of data, the base country, and the...