EconPapers    
Economics at your fingertips  
 

Credit Limits and Long-Term Covered Interest Arbitrage

Mardi Dungey () and L Gower

Working Papers from Australian National University - Department of Economics

Abstract: 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)
Date: 1997
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.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

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 ().

 
Page updated 2014-08-12
Handle: RePEc:fth:aunaec:325