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The Real Exchange Rate in Colombia : Short-Run Dynamics and Long-Run Equilibrium

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Author Info
Joyce, J-P
Kamas, L

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Abstract

This paper analyzes the factors which determine the long-run real exchange rate in Colombia, distinguishing between real and nominal determinants. Cointegration analysis is utilized to establish that the real exchange rate has equilibrium relationships with real variables which exclude nominal variables.

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Publisher Info
Paper provided by Wellesley College - Department of Economics in its series Papers with number 95-20.

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Length: 29 pages
Date of creation: 1995
Date of revision:
Handle: RePEc:fth:wecoec:95-20

Contact details of provider:
Postal: U.S.A.; Wellesley College, Department of Economics. Wellesley, Massachusetts 02181
Web page: http://www.wellesley.edu/Economics/
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Related research
Keywords: COLOMBIA ; EXCHANGE RATE;

Find related papers by JEL classification:
F31 - International Economics - - International Finance - - - Foreign Exchange

Statistics
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This page was last updated on 2009-12-16.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.