This paper re-examines the UIP relation by estimating first a benchmark linear Cointegrated VAR including the nominal … that the nonlinear framework is more appropriate to capture the adjustment towards the UIP equilibrium, since the estimated …, UIP holds better in inflation targeting countries, where monetary authorities appear to achieve a higher degree of …

This paper investigates the PPP and UIP conditions by taking into account possible nonlinearities as well as the role … follows. First, the nonlinear specification provides much stronger evidence for the PPP and UIP conditions, the estimated … exchange rate from the PPP- and UIP-implied equilibrium. …

The model of equilibrium exchange rate combining purchasing power parity (PPP) and uncovered interest parity (UIP) is …

This paper empirical investigates the effects of 2008 financial crisis on exchange rate determination in PPP-UIP …

This paper investigates the PPP and UIP conditions by taking into account possible nonlinearities as well as the role … follows. First, the nonlinear specification provides much stronger evidence for the PPP and UIP conditions, the estimated … exchange rate from the PPP- and UIP-implied equilibrium. …

This paper re-examines the UIP relation by estimating first a benchmark linear Cointegrated VAR including the nominal … that the nonlinear framework is more appropriate to capture the adjustment towards the UIP equilibrium, since the estimated …, UIP holds better in inflation targeting countries, where monetary authorities appear to achieve a higher degree of …

the Dornbusch overshooting hypothesis and with few exceptions consistent with UIP. …

Existing studies generally reject purchasing power parity (PPP) on datasets from countries that have been affected by … large real shocks, including Norway. However, we offer strong evidence of PPP between Norway and its trading partners during … appears remarkably consistent with the PPP theory. Moreover, convergence towards PPP is relatively fast; the half-life of a …