## WP/O6/ 1 3 6 — Nonlinearity in Deviations from Uncovered Interest Parity: An Explanation of the Forward Bias Puzzle

## Source details

**Canonical URL:** [WP/O6/ 1 3 6 — Nonlinearity in Deviations from Uncovered Interest Parity: An Explanation of the Forward Bias Puzzle](https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/2006/_wp06136.pdf)

## Other formats

- [Markdown version](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/2006/_wp06136.pdf.md)
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### Overview
- Title: Nonlinearity in Deviations from Uncovered Interest Parity: An Explanation of the Forward Bias Puzzle
- Document type: IMF Working Paper
- Working paper identifier text on source: WP/O6/ 1 3 6
- Principal institutional author: INTERNATIONAL MONETARY FUND

### Research focus and theme
- Core theme: Nonlinearity in deviations from Uncovered Interest Parity
- Research question implied by title: An explanation of the Forward Bias Puzzle

### Authors
- Lucio Sarno
- Giorgio Valeufe
- Hyginus Leon

### Publication / source details visible on page
- Publication imprint on page: IMF Working Paper
- Visible organization name: INTERNATIONAL MONETARY FUND

*Source: _wp06136*

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_Source: https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/2006/_wp06136.pdf_
