The determinants of interest rates in European Union countries

Agustin Alonso and Miguel-Angel Galindo

International Advances in Economic Research, 1997, vol. 3, issue 4, 352-363

Abstract: One of the problems that has raised the interest of economists is to know the determinants of interest rates. In the case of the European Union, the existence of some coordination in the area of economic policies and having to fulfill some nominal convergence criteria have opened new possibilities to this field of research. In this way, possible relations among interest rates, prices, and exchange rates have been studied. This forces us to consider, among other questions, the concept of purchasing power parity and uncovered interest rate differential. The goal of this paper is to show the influence that German interest rates might have over other European Union countries. We will start by showing the essential elements of the equations to be estimated. Then we will carry out the empirical analysis for the case of six European Union countries. Copyright International Atlantic Economic Society 1997

Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1007/BF02295213 (text/html)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:kap:iaecre:v:3:y:1997:i:4:p:352-363:10.1007/bf02295213

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11294

DOI: 10.1007/BF02295213

Access Statistics for this article

International Advances in Economic Research is currently edited by Katherine S. Virgo

More articles in International Advances in Economic Research from Springer, International Atlantic Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().