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...

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Detalles Bibliográficos
Autores principales: León Astete, Javier, Oliva, Carlos
Formato: info:eu-repo/semantics/article
Lenguaje:Español
Publicado: Universidad del Pacífico 1990
Acceso en línea:https://revistas.up.edu.pe/index.php/apuntes/article/view/314
http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52645