Behavior of the real exchange rate in the long run: empirical evidence in eight Latin American countries
This paper uses a variance ratio statistic in order to capture the importance of the non-stationary component in the real exchange rate in 8 Latin-American countries. The outcome is then used to determine the behavior of this variable in the long run. The authors conclude that the real exchange rate...
Autores principales: | , |
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Formato: | info:eu-repo/semantics/article |
Lenguaje: | Español |
Publicado: |
Universidad del Pacífico
1990
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Acceso en línea: | https://revistas.up.edu.pe/index.php/apuntes/article/view/314 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52645 |