Long run real exchange rates : Evidence from Mexico
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
| Original language | English |
|---|---|
| Pages (from-to) | 79-85 |
| Journal / Publication | Economics Letters |
| Volume | 72 |
| Issue number | 1 |
| Publication status | Published - Jul 2001 |
Link(s)
Abstract
This paper studies the behavior of the Mexican-US bilateral real exchange rate from 1955 to 1996. Evidence suggests that this real exchange rate is cointegrated with the Mexican and US relative price of nontradables. This cointegrating relationship provides a natural basis for measuring long run real exchange rate misalignment. © Elsevier Science B.V.
Research Area(s)
- C22 (Time Series Models), Cointegration, F31 (Foreign Exchange), Nontradables, Purchasing power parity
Citation Format(s)
Long run real exchange rates: Evidence from Mexico. / Kakkar, Vikas.
In: Economics Letters, Vol. 72, No. 1, 07.2001, p. 79-85.
In: Economics Letters, Vol. 72, No. 1, 07.2001, p. 79-85.
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
