Mehl, Arnaud; Cappiello, Lorenzo - In: Review of International Economics 17 (2009) 5, pp. 1019-1037
This paper estimates uncovered interest parity (UIP) at long horizons using bilateral US dollar rates <i>vis-à-vis</i> mature economy and emerging market currencies. The paper finds support in favor of UIP for dollar rates <i>vis-à-vis</i> major mature economy currencies, but far less against emerging...