Uncovered interest parity in Argentina, Brazil, Chile, and Mexico: A unit root test application with panel data
Autor(a) principal: | |
---|---|
Data de Publicação: | 2004 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional da UCB |
Texto Completo: | http://twingo.ucb.br:8080/jspui/handle/10869/421 https://repositorio.ucb.br:9443/jspui/handle/123456789/7524 |
Resumo: | The aim of this study was to test uncovered interest parities for Argentina, Brazil, Chile, and Mexico, for the January 1990–December 2001 period, with the use of the rational expectation hypothesis.We also intend to evaluate the degree of mobility of foreign capital in these political jurisdictions, using panel data estimations, with unit root tests proposed by Levin and Lin (1992), and Im, Pesaran and Shin (1997). The econometric results indicate the rejection of uncovered interest parity (UIP), for the period under study, for the group consisting of Argentina, Brazil, Chile, and Mexico. However, the UIP hypothesis is not rejected for the group consisting of Argentina, Chile, and Mexico for the January 1991– December 2000 period. |
id |
UCB-2_101b834504074e7aabbc9ba592173916 |
---|---|
oai_identifier_str |
oai:200.214.135.189:123456789/7524 |
network_acronym_str |
UCB-2 |
network_name_str |
Repositório Institucional da UCB |
spelling |
Carvalho, Jaimilton Vogado deSachsida, AdolfoLoureiro, Paulo Roberto AmorimMoreira, Tito Belchior Silva2016-10-10T03:51:47Z2016-10-10T03:51:47Z2004CARVALHO, Jaimilton Vogado de. et al. Uncovered Interest Parity in Argentina, Brazil, Chile, and Mexico: A Unit Root Test Application with Panel Data. Review of urban and regional development studies, v. 16, n. 3, nov. 2004.http://twingo.ucb.br:8080/jspui/handle/10869/421https://repositorio.ucb.br:9443/jspui/handle/123456789/7524The aim of this study was to test uncovered interest parities for Argentina, Brazil, Chile, and Mexico, for the January 1990–December 2001 period, with the use of the rational expectation hypothesis.We also intend to evaluate the degree of mobility of foreign capital in these political jurisdictions, using panel data estimations, with unit root tests proposed by Levin and Lin (1992), and Im, Pesaran and Shin (1997). The econometric results indicate the rejection of uncovered interest parity (UIP), for the period under study, for the group consisting of Argentina, Brazil, Chile, and Mexico. However, the UIP hypothesis is not rejected for the group consisting of Argentina, Chile, and Mexico for the January 1991– December 2000 period.Made available in DSpace on 2016-10-10T03:51:47Z (GMT). No. of bitstreams: 5 Uncovered Interest Parity in Argentina, Brazil, Chile and Mexico_A Unit Root test application with Panel Data.pdf: 80679 bytes, checksum: 46df22fa43de2c53e8b76b1e57b15187 (MD5) license_url: 52 bytes, checksum: 3d480ae6c91e310daba2020f8787d6f9 (MD5) license_text: 23738 bytes, checksum: 1a64b812a61c51c296c1ad647d0096a6 (MD5) license_rdf: 23930 bytes, checksum: 6b71892b27c4389434057b8b0e86b43e (MD5) license.txt: 1887 bytes, checksum: 445d1980f282ec865917de35a4c622f6 (MD5) Previous issue date: 2004SimPublicadoTextoUncovered interest parity in Argentina, Brazil, Chile, and Mexico: A unit root test application with panel datainfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleReview of Urban e Regional Development Studiesinfo:eu-repo/semantics/openAccessengreponame:Repositório Institucional da UCBinstname:Universidade Católica de Brasília (UCB)instacron:UCBORIGINALUncovered Interest Parity in Argentina, Brazil, Chile and Mexico_A Unit Root test application with Panel Data.pdfapplication/pdf80679https://200.214.135.178:9443/jspui/bitstream/123456789/7524/1/Uncovered%20Interest%20Parity%20in%20Argentina%2c%20Brazil%2c%20Chile%20and%20Mexico_A%20Unit%20Root%20test%20application%20with%20Panel%20Data.pdf46df22fa43de2c53e8b76b1e57b15187MD51CC-LICENSElicense_urlapplication/octet-stream52https://200.214.135.178:9443/jspui/bitstream/123456789/7524/2/license_url3d480ae6c91e310daba2020f8787d6f9MD52license_textapplication/octet-stream23738https://200.214.135.178:9443/jspui/bitstream/123456789/7524/3/license_text1a64b812a61c51c296c1ad647d0096a6MD53license_rdfapplication/octet-stream23930https://200.214.135.178:9443/jspui/bitstream/123456789/7524/4/license_rdf6b71892b27c4389434057b8b0e86b43eMD54LICENSElicense.txttext/plain1887https://200.214.135.178:9443/jspui/bitstream/123456789/7524/5/license.txt445d1980f282ec865917de35a4c622f6MD55TEXTUncovered Interest Parity in Argentina, Brazil, Chile and Mexico_A Unit Root test application with Panel Data.pdf.txtUncovered Interest Parity in Argentina, Brazil, Chile and Mexico_A Unit Root test application with Panel Data.pdf.txtExtracted texttext/plain23651https://200.214.135.178:9443/jspui/bitstream/123456789/7524/6/Uncovered%20Interest%20Parity%20in%20Argentina%2c%20Brazil%2c%20Chile%20and%20Mexico_A%20Unit%20Root%20test%20application%20with%20Panel%20Data.pdf.txt58bc9161bd1343f7c921dcde17e19628MD56123456789/75242017-01-17 15:08:31.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ório de Publicaçõeshttps://repositorio.ucb.br:9443/jspui/ |
dc.title.pt_BR.fl_str_mv |
Uncovered interest parity in Argentina, Brazil, Chile, and Mexico: A unit root test application with panel data |
title |
Uncovered interest parity in Argentina, Brazil, Chile, and Mexico: A unit root test application with panel data |
spellingShingle |
Uncovered interest parity in Argentina, Brazil, Chile, and Mexico: A unit root test application with panel data Carvalho, Jaimilton Vogado de |
title_short |
Uncovered interest parity in Argentina, Brazil, Chile, and Mexico: A unit root test application with panel data |
title_full |
Uncovered interest parity in Argentina, Brazil, Chile, and Mexico: A unit root test application with panel data |
title_fullStr |
Uncovered interest parity in Argentina, Brazil, Chile, and Mexico: A unit root test application with panel data |
title_full_unstemmed |
Uncovered interest parity in Argentina, Brazil, Chile, and Mexico: A unit root test application with panel data |
title_sort |
Uncovered interest parity in Argentina, Brazil, Chile, and Mexico: A unit root test application with panel data |
author |
Carvalho, Jaimilton Vogado de |
author_facet |
Carvalho, Jaimilton Vogado de Sachsida, Adolfo Loureiro, Paulo Roberto Amorim Moreira, Tito Belchior Silva |
author_role |
author |
author2 |
Sachsida, Adolfo Loureiro, Paulo Roberto Amorim Moreira, Tito Belchior Silva |
author2_role |
author author author |
dc.contributor.author.fl_str_mv |
Carvalho, Jaimilton Vogado de Sachsida, Adolfo Loureiro, Paulo Roberto Amorim Moreira, Tito Belchior Silva |
dc.description.abstract.por.fl_txt_mv |
The aim of this study was to test uncovered interest parities for Argentina, Brazil, Chile, and Mexico, for the January 1990–December 2001 period, with the use of the rational expectation hypothesis.We also intend to evaluate the degree of mobility of foreign capital in these political jurisdictions, using panel data estimations, with unit root tests proposed by Levin and Lin (1992), and Im, Pesaran and Shin (1997). The econometric results indicate the rejection of uncovered interest parity (UIP), for the period under study, for the group consisting of Argentina, Brazil, Chile, and Mexico. However, the UIP hypothesis is not rejected for the group consisting of Argentina, Chile, and Mexico for the January 1991– December 2000 period. |
dc.description.version.pt_BR.fl_txt_mv |
Sim |
dc.description.status.pt_BR.fl_txt_mv |
Publicado |
description |
The aim of this study was to test uncovered interest parities for Argentina, Brazil, Chile, and Mexico, for the January 1990–December 2001 period, with the use of the rational expectation hypothesis.We also intend to evaluate the degree of mobility of foreign capital in these political jurisdictions, using panel data estimations, with unit root tests proposed by Levin and Lin (1992), and Im, Pesaran and Shin (1997). The econometric results indicate the rejection of uncovered interest parity (UIP), for the period under study, for the group consisting of Argentina, Brazil, Chile, and Mexico. However, the UIP hypothesis is not rejected for the group consisting of Argentina, Chile, and Mexico for the January 1991– December 2000 period. |
publishDate |
2004 |
dc.date.issued.fl_str_mv |
2004 |
dc.date.accessioned.fl_str_mv |
2016-10-10T03:51:47Z |
dc.date.available.fl_str_mv |
2016-10-10T03:51:47Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
status_str |
publishedVersion |
format |
article |
dc.identifier.citation.fl_str_mv |
CARVALHO, Jaimilton Vogado de. et al. Uncovered Interest Parity in Argentina, Brazil, Chile, and Mexico: A Unit Root Test Application with Panel Data. Review of urban and regional development studies, v. 16, n. 3, nov. 2004. |
dc.identifier.uri.fl_str_mv |
http://twingo.ucb.br:8080/jspui/handle/10869/421 https://repositorio.ucb.br:9443/jspui/handle/123456789/7524 |
identifier_str_mv |
CARVALHO, Jaimilton Vogado de. et al. Uncovered Interest Parity in Argentina, Brazil, Chile, and Mexico: A Unit Root Test Application with Panel Data. Review of urban and regional development studies, v. 16, n. 3, nov. 2004. |
url |
http://twingo.ucb.br:8080/jspui/handle/10869/421 https://repositorio.ucb.br:9443/jspui/handle/123456789/7524 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
Texto |
dc.source.none.fl_str_mv |
reponame:Repositório Institucional da UCB instname:Universidade Católica de Brasília (UCB) instacron:UCB |
instname_str |
Universidade Católica de Brasília (UCB) |
instacron_str |
UCB |
institution |
UCB |
reponame_str |
Repositório Institucional da UCB |
collection |
Repositório Institucional da UCB |
bitstream.url.fl_str_mv |
https://200.214.135.178:9443/jspui/bitstream/123456789/7524/1/Uncovered%20Interest%20Parity%20in%20Argentina%2c%20Brazil%2c%20Chile%20and%20Mexico_A%20Unit%20Root%20test%20application%20with%20Panel%20Data.pdf https://200.214.135.178:9443/jspui/bitstream/123456789/7524/2/license_url https://200.214.135.178:9443/jspui/bitstream/123456789/7524/3/license_text https://200.214.135.178:9443/jspui/bitstream/123456789/7524/4/license_rdf https://200.214.135.178:9443/jspui/bitstream/123456789/7524/5/license.txt https://200.214.135.178:9443/jspui/bitstream/123456789/7524/6/Uncovered%20Interest%20Parity%20in%20Argentina%2c%20Brazil%2c%20Chile%20and%20Mexico_A%20Unit%20Root%20test%20application%20with%20Panel%20Data.pdf.txt |
bitstream.checksum.fl_str_mv |
46df22fa43de2c53e8b76b1e57b15187 3d480ae6c91e310daba2020f8787d6f9 1a64b812a61c51c296c1ad647d0096a6 6b71892b27c4389434057b8b0e86b43e 445d1980f282ec865917de35a4c622f6 58bc9161bd1343f7c921dcde17e19628 |
bitstream.checksumAlgorithm.fl_str_mv |
MD5 MD5 MD5 MD5 MD5 MD5 |
repository.name.fl_str_mv |
|
repository.mail.fl_str_mv |
|
_version_ |
1724829828700438528 |