Survey of Literature on Covered and Uncovered Interest Parities



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Flood, R.B., Rose, A.K., 2002. Uncovered Interest Parity In Crisis. International
Monetary Fund Staff Papers 49, 252-266.

Flood, R.P. And M.P. Taylor, 1997, Exchange Rate Economics: What’s Wrong With The
C Conventional Macro Approach?, In J. Frankel, G. Galli, And A. Giovannini (Editors)
The Microstructure Of Foreign Exchange Markets, Chicago: Univ. Of Chicago Press For
NBER, Pp. 262-301.

Francis, B., Hasan, I. And Hunter, D., 2002. Emerging Market Liberalization And The
Impact On Uncovered Interest Parity. Federal Reserve Bank Of Atlanta Working Paper
2002-16, August 2002.

Frankel, J.A. 1980. Tests Of Rational Expectations In The Forward Exchange Market,
Southern Economic Journal, 46, 1083-1101.

Frankel, J.A. 1983. Monetary And Portfolio Balance Models Of Exchange Rate
Determination. In Economic Interdependence And Flexible Exchange Rates, Eds J. S.
Bhandari And B.H. Putnam, Chicago: Massachussets Institute Of Technology: 84-115.

Frankel, J.A., 1984, The Yen/Dollar Agreement: Liberalizing Japanese Capital Markets.

Policy Analyses In International Economics 9, Washington, D.C.: Institute For
International Economics.

Frankel, J.A.,1991. Quantifying International Capital Mobility In The 1980’s. NBER
Working Paper No. 2856.

Frankel, J.A., 1992. Measuring International Capital Mobility: A Review. The American
Economic Review 82 (2) Papers And Proceedings Of The Hundred And Fourth Annual
Meeting Of The American Economic Association, 197-202.

Frankel, J.A. And K.A. Froot, 1987 Using Survey Data To Test Standard Propositions
Regarding Exchange Rate Expectations, American Economic Review 77(1): 133-153.

Frankel, J.A. And K.A. Froot, 1989. Forward Discount Bias: Is It An Exchange Risk
Premium?, The Quarterly Journal Of Economics 104:139-161.

Frankel, J.A., Poonawala, J., 2004. The Forward Market In Emerging Currencies, Less
Biased Than In Major Currencies. Mimeo, Kennedy School Of Government, Cambridge,
MA.

Fratianni, Michele And L. Macdonald Wakeman (1982) The Law Of One Price In The
Eurocurrency Market, Journal Of International Money And Finance 1,307--323.

Frenkel, J.A. And Levich, R.M., 1975. Covered Interest Arbitrage: Unexploited Profits?,
Journal Of Political Economy, 83, 325-38.



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