Proceedings of the 2017 3rd International Conference on Social Science and Higher Education

The Methodology of the Relationship Study between Exchange Rate and Interest Rate in BRICs: Through UIP Channel

Authors
Nan Lin, Xiao-Fang Guo
Corresponding Author
Nan Lin
Available Online September 2017.
DOI
10.2991/icsshe-17.2017.20How to use a DOI?
Keywords
uncovered interest parity, BRICs, modify model, exchange rate
Abstract

This paper aims to demonstrate the methodology to study the relationship between Exchange Rate and Interest Rate about BRICs. The purpose of this research is to investigate the application of the traditional UIP in BRICs countries. If the UIP does not work, the model could be tried to modify. The methodology includes the typical ADF test, cointegration test, VECM and Granger causality test. It will be useful to demonstrate the real relationship between exchange rate and interest rate in BRICs. And the BRICs can adjust the monetary policies based on the results.

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2017 3rd International Conference on Social Science and Higher Education
Series
Advances in Social Science, Education and Humanities Research
Publication Date
September 2017
ISBN
978-94-6252-395-1
ISSN
2352-5398
DOI
10.2991/icsshe-17.2017.20How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Nan Lin
AU  - Xiao-Fang Guo
PY  - 2017/09
DA  - 2017/09
TI  - The Methodology of the Relationship Study between Exchange Rate and Interest Rate in BRICs: Through UIP Channel
BT  - Proceedings of the 2017 3rd International Conference on Social Science and Higher Education
PB  - Atlantis Press
SP  - 78
EP  - 81
SN  - 2352-5398
UR  - https://doi.org/10.2991/icsshe-17.2017.20
DO  - 10.2991/icsshe-17.2017.20
ID  - Lin2017/09
ER  -