IDEAS home Printed from https://ideas.repec.org/a/qua/journl/v11y2014i1p31-57.html
   My bibliography  Save this article

De facto exchange rate regimes and inflation targeting in Latin America: Some empirical evidence from the past decade

Author

Listed:
  • Cecilia Bermudez

    () (Universidad Nacional del Sur)

Abstract

Este trabajo estima los regimenes cambiarios de facto de las siete economas mas importantes de America Latina (LA-7) entre 1999 y 2011. Se utiliza la metodologia de Zeileis, Shah y Patnaik (2010) que, a diferencia de otras desarrolladas hasta el momento, captura la estructura "fina" de los regimenes cambiarios de facto e identifica quiebres estructurales en fechas precisas. Se concluye que los paises de AL-7 han logrado converger hacia un mayor grado de flotacion cambiaria de facto, aunque existen diferencias en el grado de flexibilidad cambiaria entre los paises que han adoptado esquemas de metas inflacionarias y los que carecen de ellas.

Suggested Citation

  • Cecilia Bermudez, 2014. "De facto exchange rate regimes and inflation targeting in Latin America: Some empirical evidence from the past decade," EconoQuantum, Revista de Economia y Negocios, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., vol. 11(1), pages 31-57, Enero- Ju.
  • Handle: RePEc:qua:journl:v:11:y:2014:i:1:p:31-57
    as

    Download full text from publisher

    File URL: http://www.revistascientificas.udg.mx/index.php/EQ/article/view/77/112
    Download Restriction: no

    More about this item

    Keywords

    Latin America; exchange rate regimes; inflation targeting.;

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:qua:journl:v:11:y:2014:i:1:p:31-57. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sandra Ivett Portugal Padilla). General contact details of provider: http://edirc.repec.org/data/dmudgmx.html .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.