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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Werner, Alejandro
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1996.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1996/041
Online Zugang:Full text available on IMF