An Empirical Investigation of the International Fisher Effect: Mexican Peso and United States Dollar
Journal: International Journal of Economics and Financial Research (Vol.3, No. 7)Publication Date: 2017-07-15
Authors : Hossein Varamini; Jason Clough; Madison McCall;
Page : 110-113
Keywords : : International fisher effect.;
Abstract
The main purpose of this study is to examine if the International Fisher Effect holds between Mexico and the United States for the period from Q1: 2005 through Q3: 2016. The results of the test indicate a significant relationship between the interest rate differentials and the changes in the currency value between the two countries. The finding of this study is consistent with some of the earlier research while signifying the importance of other variables in improving the explanatory power of the independent variable.
Other Latest Articles
- Foreign Capital Distribution in Nigeria: Policy Implications for the Agricultural Sector
- Empirical Appraisal of Poverty-Unemployment Relationship in Nigeria
- Transmission Effect of the Interaction between Parallel and Official Foreign Exchange Markets in Nigeria
- Examination of the Impact of National Economic Empowerment and Development Strategy on Poverty Reduction in Nigeria
- How Stable is the Money Demand in Taiwan?
Last modified: 2018-11-06 16:54:24