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- 2011-7-11
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- 2014-8-7
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My understanding is this formula is from page 698 formula #(9) uncovered interest rate parity.
s* stands for Spot rate.
1 = E(s)
1.02 = US price level will rise by 2% to 1.02
1.0 = Europe price level (no change) |
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发表于 2011-7-11 19:05
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