Sachsida, Adolfo; Ellery, Roberto; Teixeira, Joanilio … - In: Applied Economics Letters 8 (2001) 3, pp. 179-181
The uncovered interest parity (UIP) test for Brazil is presented from the standpoint of rational expectations hypothesis. The period is January 1984 to October 1998. The econometric tests validate the UIP just for the sub-period January 1990 to June 1994. The result suggests fail with the UIP in...