Un análisis de la credibilidad y del comportamiento de las bandas unilaterales de los tipos de cambio en México y Chile
AbstractThe purpose of this study is to gauge the performance of unilateral target zones arrangements in two Latin American countries, Mexico and Chile. In doing so we look at the institutional and historical evolution of these exchange rate regimes. We then deal with performance in a more formal fashion by looking at the stochastic behavior of the exchange rates and the credibility of the target zones using techniques developed by Svensson (1991) and Chen and Giovannini (1992a, 1992b, and 1993). The results indicate both the Chilean and Mexican arrangements have been credible.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by in its journal Economia Mexicana NUEVA EPOCA.
Volume (Year): III (1994)
Issue (Month): 1 (January-June)
Contact details of provider:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Arturo José Galindo, 1998.
"Estimating Credibility In Colombia'S Exchange Rate Target Zone,"
BORRADORES DE ECONOMIA
002604, BANCO DE LA REPÚBLICA.
- Galindo, Arturo J., 2000. "Estimating credibility in Colombia's exchange-rate target zone," Journal of Development Economics, Elsevier, vol. 63(2), pages 473-484, December.
- Arturo José Galindo, . "Estimating Credibility in Colombia's Exchange Rate Target Zone," Borradores de Economia 103, Banco de la Republica de Colombia.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ricardo Tiscareño).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.