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Results tagged with finance
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user 46296
Finance describes the management, creation and study of money, banking, credit, investments, assets and liabilities that make up financial systems, as well as the study of those financial instruments.
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Logic behind uncovered interest rate parity?
So I am having trouble understanding the UIP equilibrium condition.
Namely, according to UIP, when the home country has a higher interest rate than the foreign country, its currency will depreciate ov …
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