Purchasing power parity and interest parity in the laboratory

Research, Preprint English OPEN
Eric O'N. Fisher;
(2001)
  • Publisher: Osaka: Osaka University, Institute of Social and Economic Research (ISER)
  • Subject: Kaufkraftparität | Zinsparität | Theorie
    • ddc: ddc:330

This paper analyzes purchasing power parity and uncovered interest parity in the laboratory. It finds strong evidence that purchasing power parity, covered interest parity, and uncovered interest parity hold. Subjects are endowed with an intrinsically useless (green) cu... View more
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