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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Hlavní autor: Mendoza, Enrique
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1991.
Edice:IMF Working Papers; Working Paper ; No. 1991/049
Témata:
On-line přístup:Full text available on IMF

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