Error Correction Exchange Rate Modeling for Mexico: 1980 – 2001
AbstractError correction models are estimated for the nominal exchange rate between the Mexican peso and the United States dollar using quarterly data. Empirical estimation results exhibit weaknesses for all four specifications irrespective of the interest rate variable selected. Dynamic simulation properties of the models also exhibit problems. These results are similar to results obtained in earlier research for the peso using annual frequency data.
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Bibliographic InfoArticle provided by Euro-American Association of Economic Development in its journal International Journal of Applied Econometrics and Quantitative Studies .
Volume (Year): 2 (2005)
Issue (Month): 3 ()
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Find related papers by JEL classification:
- F31 - International Economics - - International Finance - - - Foreign Exchange
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- Thomas Fullerton & Miwa Hattori & Cuauhtémoc Calderón, 2001. "Error correction exchange rate modeling: Evidence for Mexico," Journal of Economics and Finance, Springer, vol. 25(3), pages 358-368, September.
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- Thomas M. Fullerton, Jr. & Juan Carlos Vázquez Morales & Martha Patricia Barraza de Anda, 2011.
"Dinamica de corto plazo del empleo en las maquiladoras de Reynosa, Tamaulipas,"
Ensayos Revista de Economia,
Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(1), pages 23-40, May.
- Fullerton, Thomas M., Jr. & Vazquez Morales, Juan Carlos & Barraza de Anda, Martha P., 2010.
"Dinámica de corto plazo del empleo en las maquiladoras de Reynosa, Tamaulipas
[Short-run dynamics of payrolls in the maquiladora sector of Reynosa, Tamaulipas (Mexico)]," MPRA Paper 34925, University Library of Munich, Germany, revised 15 Feb 2011.
- Fullerton, Thomas M., Jr. & Vazquez Morales, Juan Carlos & Barraza de Anda, Martha P., 2010. "Dinámica de corto plazo del empleo en las maquiladoras de Reynosa, Tamaulipas
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