Belke, Ansgar; Geisslreither, Kai; Gros, Daniel - In: Latin American Journal of Economics-formerly Cuadernos … 41 (2004) 122, pp. 35-64
This paper provides a closer view on the interaction of exchange rate volatility and interest rate volatility in the Mercosur countries. We discuss several models that explain systematic correlations between the movements of both variables and their secon