Covered Interest Parity Deviations, Monetary Policies and Crisis
This study investigates how different monetary policy tools have influenced deviations from Covered Interest Parity (CIP) in the USD/SEK 3-month cross-currency basis from 2007 to 2023. Using weekly data and OLS regression with Newey-West standard errors, the analysis evaluates the impact of policy-rate changes, quantitative easing (QE), and central-bank swap lines implemented by the Federal Reserv
