Essays about: "Steven Zhao"
Found 1 essay containing the words Steven Zhao.
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1. Interest Rate Parity and Monetary Integration: A Cointegration Analysis of Sweden and the EMU
University essay from KTH/Matematik (Inst.)Abstract : This thesis provides a thorough analysis of the covered- and uncovered interest parity conditions (CIP, UIP) as well as the forward rate unbiasedness hypothesis (FRUH) for Sweden and the European Economic and Monetary Union (EMU). By studying data on interbank rates in Sweden (STIBOR) and the EMU (EURIBOR) as well as the corresponding spot- and forward exchange rates, monetary integration and country-specific risks are determined and analyzed with direct applications to the potential entry of Sweden into the EMU. READ MORE
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