Hoffmann, Mathias (contributor); … - 2007
A Re-examination of the link between Real
Exchange Rates and Real Interest Rate
Di�erentials1
Mathias Ho�mann
Dept. of … interest rate (RERI) relationship is
central to most open economy macroeconomic models, empirical support
for the relationship … relationship is economically signi�cant and that the real interest rate
di�erential is a reasonable approximation of the expected …