Camarero, Mariam; Ez, Javier Ordon; Tamarit, Cecilio - In: Applied Financial Economics 12 (2002) 6, pp. 447-456
In this paper the linkages existing between the interest rates within the European Union countries are assessed, to discover if the Exchange Rate Mechanism has led to a converging process. This hypothesis is tested using the uncovered interest rate parity relative to the Maastricht Treaty's...