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Pricing currency risk under currency boards

Schmukler, Sergio L.; Servén, Luis - In: Journal of development economics 69 (2002) 2, pp. 367-391

Currency risk is one of the two components of the total interest rate differential. Hard pegs, such as currency boards, are meant to reduce or even eliminate currency risk, thus reducing domestic interest rates. This paper investigates the patterns and determinants of the currency risk premium...

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Have business cycles changed over the last two decades? : An empirical investigation

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Does income inequality raise aggregate saving?

Schmidt-Hebbel, K.; Servén, L. - In: Journal of development economics 61 (2000) 2, pp. 417-446

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Pricing currency risk under currency boards

Schmukler, Sergio L.; Servén, Luis - In: Journal of development economics 69 (2002) 2, pp. 367-392

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Verifying exchange rate regimes

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