Mexico'S Currency Risk Premia in 1992-1994 : A Closer Look At the Interest Rate Differentials /
This paper studies the behavior of interest rate differentials in Mexico during the 1992-94 period. It shows that the currency risk premia is positively related to the share of peso denominated debt in total debt and that the magnitude of this effect is considerable. For every 1 percentage point inc...
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Format: | Book |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1996
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Series: | IMF Working Papers; Working Paper ;
No. 1996/041 IMF eLibrary |
Subjects: |