Credibilidad, Problema Peso y Comportamiento de las Tasas de Interés: Chile 1979-1982

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Leonardo Hernández;
  • Journal: Cuadernos de Economía,volume 28,issue 85,pages385-410

This paper analyzed the behavior of domestic interest rates after opening the Capital Account in Chile. Contrary to what has been argued by others, the Uncovered Interest Rate Parity Condition seems to hold when we allow for the possibility of a change in
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