Efficient Arbitrage Under Financial Indexation : The Case of Chile /

Legal restrictions governing financial transactions in Chile have produced a system in which most financial assets are either 30-day non-indexed assets or 90-day indexed assets. This paper analyzes data on the rates of return of these assets to determine the extent to which efficient arbitrage takes...

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Detalhes bibliográficos
Autor principal: Mendoza, Enrique
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1991.
Colecção:IMF Working Papers; Working Paper ; No. 1991/049
Assuntos:
Acesso em linha:Full text available on IMF