Lothian, James R.; Pownall, Rachel A.J.; Koedijk, Kees G. - In: Journal of International Money and Finance 38 (2013) C, pp. 5-17
Irving Fisher was the first economist to posit what has come to be known as uncovered interest parity relation. He was also the first to offer a peso-problem type explanation for important episodes in which it was violated. After reviewing his theoretical and empirical work on this subject, we...
