Survey of Literature on Covered and Uncovered Interest Parities



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Moh, Y-K. (2002), Exchange Rate Dynamics In A Continuous-Time Model Of
Uncovered Interest Parity And The Regulated Jump-Diffusion Interest Differential,
Tulane University, Mimeo.

Moore, M.J., 1994. Testing For Unbiasedness In Forward Markets. The Manchester
School 62 (Suppl.), 67e78.

Obstfeld, M. And Taylor, A.M. 2004.Global Capital Markets: Integration, Crises And
Growth. Cambridge University Press, Cambridge, UK.

Peel, D.A. And Taylor, M.P., 2002. Covered Interest Rate Arbitrage In The Inter-War
Period And The Keynes-Einzig Conjecture. Journal Of Money, Credit And Banking 34
(Febuary) 51-75.

Popper, H., 1993. Long-Term Covered Interest Parity - Evidence From Currency Swaps.

Journal Of International Money And Finance 12(4), 439-448.

Sarno, L., Valente, G., Leon, H., 2005. The Forward Bias Puzzle And Nonlinearity In
Deviations From Uncovered Interest Parity, A New Perspective. Mimeo, University Of
Warwick.

Stockman, A., 1980. A Theory Of Exchange Rate Determination. Journal Of Political
Economy 88, 673-698.

Stulz, R., 1984. Currency Preferences, Purchasing Power Risks And The Determination
Of Exchange Rates In An Optimizing Model, Journal Of Money, Credit And Banking 16,
302-316.

Svensson, L., 1985. Currency Prices, Terms Of Trade And Interest Rates: A General
Equilibrium Asset-Pricing, Cash-In-Advance Approach. Journal Of International
Economics 18, 17-42.

Taylor, M.P. (1989), Covered Interest Arbitrage And Market Turbulence, Economic
Journal, 99, 376-91.

Vieria, I. 2003. Evaluating Capital Mobility In The EU: A New Approach Using Swaps
Data. The European Journal Of Finance, 9, 214-232.

Zivot, E. (2000) Cointegration And Forward And Spot Exchange Rate Regressions,
Journal Of International Money And Finance Vol. 19, No. 6, Pp. 785-812.



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