The Behavior of Interest Rate Differentials under Shifting Exchange Rate Regimes: The Experience of Chile, Colombia and Israel

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Ibarra,Carlos A.;
  • Publisher: Instituto de Economía, Pontificia Universidad Católica de Chile
  • Journal: volume 42,issue 125,pages103-131
  • Related identifiers: doi: 10.4067/S0717-68212005012500005
  • Subject: Interest Rate Differentials | Interest rate differentials, exchange rate regimes | Exchange Rate Regimes
    • jel: jel:E43 | jel:F31 | jel:E52

This paper studies the dynamics of the interest rate differential across band and floating exchange rate regimes in Chile, Colombia and Israel, and in a benchmark group composed of Italy, Portugal and Spain. Significant differences in the interest rate-exchange rate lin... View more
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