Canarella, Giorgio; Gil-Alana, Luis A.; Gupta, Rangan; Miller, Stephen M.
(Springer, 2022-11)
This paper investigates whether the real interest rate parity (RIRP) is valid during the three waves of globalizations that occurred in the last 150 years (1870–1914, 1944–1971, 1989 to the present). If any, these periods ...