Jun 01,2008
May 01,2008
Apr 01,2008
Mar 31,2008
Mar 01,2008
Feb 01,2008
Jan 22,2008
Jan 01,2008
Jan 01,2008
Jan 01,2008
Sep 18,2007
Aug 31,2007
- Kari H. I. Grenade and Winston Moore
This paper empirically tests this theory by investigating the sensitivity of interest rates in the Eastern Caribbean Currency Union (ECCU) to changes in the US rates. The empirical results show long –run convergence between the two rates, indicating that interest rate parity holds for all countries in the ECCU.