Credit Limits and Long-Term Covered Interest Arbitrage
Mardi Dungey () and
Working Papers from Australian National University - Department of Economics
Covered interest parity seems to hold more strongly for short-term assets than for long-term assets. Credit limits have been suggested as a possible explanation of this phenomenon. This paper contests that hypothesis.
Keywords: CREDIT; EXCHANGE RATE; INFORMATION; INTEREST (search for similar items in EconPapers)
JEL-codes: L14 F31 (search for similar items in EconPapers)
References: Add references at CitEc
Citations Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:fth:aunaec:325
Access Statistics for this paper
More papers in Working Papers from Australian National University - Department of Economics
Address: THE AUSTRALIAN NATIONAL UNIVERSITY, DEPARTMENT OF ECONOMICS, RESEARCH SCHOOL of PACIFIC STUDIES, RESEARCH SCHOOL OF SOCIAL SCIENCES, G.P.O. 4, CANBERRA ACT 2601 AUSTRALIA..O. BOX 4 CANBERRA 2601 AUSTRALIA.
Contact information at EDIRC.
Series data maintained by Thomas Krichel ().