CIP deviations in BRICS countries around the 2008 global financial crisis

The covered interest rate parity (CIP) has failed to hold among emerging markets long before the 2008 global financial crisis. The reasons for those CIP deviations range from transaction costs and risk premia demanded by market participants to provide liquidity in an illiquid market and carry out tr...

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Bibliographic Details
Main Author: Gadish, Adi
Other Authors: Kauppakorkeakoulu, School of Business and Economics, Taloustieteet, Business and Economics, Jyväskylän yliopisto, University of Jyväskylä
Format: Master's thesis
Language:eng
Published: 2021
Subjects:
Online Access: https://jyx.jyu.fi/handle/123456789/74662