Skip to content
RDP 9103: The Failure of Uncovered Interest Parity: Is it Near-Rationality in the Foreign Exchange Market?
Equation (4)
x
t
=
(
ρ
Ω
)
−
1
E
t
(
z
t
+
1
)
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiEamaaBa aaleaacaqG0baabeaakiabg2da9iaacIcacqaHbpGCcqqHPoWvcaGG PaWaaWbaaSqabeaacqGHsislcaaIXaaaaOGaaeyramaaBaaaleaaca qG0baabeaakiaacIcacaqG6bWaaSbaaSqaaiaabshacqGHRaWkcaaI XaaabeaakiaacMcacaGGUaaaaa@4771@