问题详情

沿用上题的假设。意大利5年期政府债券的年利率为11%：德国5年期政府债券的年利率为8%。这对目前里拉/马克汇率平价信誉的含义是什么？
Continue with the last question．Imagine that in Italy the interest rate on five-year government bonds was 11 percent per annum：in Germany the rate on five-year government bonds was 8 percent per annum．What would have been the implications for the credibility of the current lira/DM exchange parity？