The expected devaluation in Peru: 1975-1985

The expectation about the future value of the exchange rate play a crucial role in the peruvian economy. However, this variable has not been studied by both peruvian economic researchers and policy markers. Because of this the present paper inteds to develop a framework of analysis in order to measu...

Descripción completa

Detalles Bibliográficos
Autor principal: Li Carrillo, José Espósito
Formato: info:eu-repo/semantics/article
Lenguaje:Español
Publicado: Universidad del Pacífico 1988
Acceso en línea:https://revistas.up.edu.pe/index.php/apuntes/article/view/275
http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52606
Descripción
Sumario:The expectation about the future value of the exchange rate play a crucial role in the peruvian economy. However, this variable has not been studied by both peruvian economic researchers and policy markers. Because of this the present paper inteds to develop a framework of analysis in order to measure exchange rate expectations. This puorpose is acomplished by using statistical bayesian methods.