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C/E/362. Do real interest rates converge? Evidence from the European Union: Paper Review

WORDS:
2500
DATE:
2009
PRICE:
29.99 GBP

The paper reviews the article by Arghyrou, Gregoriou and Kontonikas (AGK), titled: Do real interest rates converge? Evidence from the European Union. The analysis touches on the empirical research of AGK and highlights the concepts of real interest parity (RIP) and the international Fisher effect (IFE). The implications of the study for EMU members, opt-out EU members and new EU member states are discussed.

 

KEYWORDS: Review, European Union, EU, Euro, European Commission, Interest Rate, International Fisher Effect,

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