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Testing The Short And Long Run Exchange Rate Effects On The Trade Balance: The Case Of Colombia

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  • HERNÁN RINCÓN

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Abstract

This paper examines the role of the Exchange rate in determining the short and long run trade balance behavior for Colombia testing the BRM and ML conditions, and the J-curve hypothesis. It uses a regression model formulation which includes income and money so that the monetary and absorption approaches to the balance of payments are also examined.

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File URL: http://www.banrep.gov.co/docum/ensayos/pdf/espe_035-3.pdf
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Bibliographic Info

Article provided by BANCO DE LA REPÚBLICA - ESPE in its journal ENSAYOS SOBRE POLÍTICA ECONÓMICA.

Volume (Year): (1999)
Issue (Month): ()
Pages:

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Handle: RePEc:col:000107:005394

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Cited by:
  1. Hernán Rincón, . "Efectividad del Control a los Flujos de Capital: Un Reexamen Empírico de la Experiencia Reciente en Colombia," Borradores de Economia 132, Banco de la Republica de Colombia.
  2. Hernán Rincón & Edgar Caicedo & Norberto Rodríguez, . "Exchange Rate Pass-Through Effects: A Disaggregate Analysis of Colombian Imports of Manufactured Goods," Borradores de Economia 330, Banco de la Republica de Colombia.
  3. Leonardo Villar, 2000. "The Colombian Economy In The Nineties: Capital Flows And Foreign Exchange Regimes," BORRADORES DE ECONOMIA 003575, BANCO DE LA REPÚBLICA.

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