Omer, Muhammad; de Haan, Jakob; Scholtens, Bert - Volkswirtschaftliche Fakultät, … - 2013
This paper tests Uncovered Interest Rate Parity (UIP) using LIBOR rates for the major international currencies for the period January 2001 to December 2008. We find that UIP generally holds over a short-term horizon for individual and groups of currencies. Our results suggest that it is...
