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Condiciones de mercado y calidad como determinantes del traspaso del tipo de cambio

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  • Castellares, Renzo

Abstract

Este documento estima el traspaso del tipo de cambio a los precios utilizando datos del mercado de vehículos usados. Para ello, se utiliza información semanal de anuncios de ventas de vehículos publicados en el diario El Comercio entre los años 2014 y 2016. Se encuentra que, controlando por las características invariantes de cada vehículo y anunciante, tanto las condiciones del mercado –la estrechez–, como de los bienes –el precio–, modifican el traspaso del tipo de cambio. Finalmente, se halla evidencia de presencia de asimetrías en el traspaso del tipo de cambio a los precios.

Suggested Citation

  • Castellares, Renzo, 2017. "Condiciones de mercado y calidad como determinantes del traspaso del tipo de cambio," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 33, pages 29-41.
    • Handle: RePEc:rbp:esteco:ree-33-02
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    File URL: https://www.bcrp.gob.pe/docs/Publicaciones/Revista-Estudios-Economicos/33/ree-33-castellares.pdf
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    References listed on IDEAS

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    7. Castellares, Renzo, 2017. "Condiciones de Mercado y Calidad como Determinantes del Traspaso del Tipo de Cambio: Evidencia a partir de Microdatos," Working Papers 2017-007, Banco Central de Reserva del Perú.
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    Cited by:

    1. Samer Shousha, 2019. "The Dollar and Emerging Market Economies: Financial Vulnerabilities Meet the International Trade System," International Finance Discussion Papers 1258, Board of Governors of the Federal Reserve System (U.S.).
    2. Castellares, Renzo & Toma, Hiroshi, 2020. "Effects of a mandatory local currency pricing law on the exchange rate pass-through," Journal of International Money and Finance, Elsevier, vol. 106(C).
    3. Roberto Calero & Gabriel Rodríguez & Rodrigo Salcedo Cisneros, 2022. "Evolution of the Exchange Rate Pass-Throught into Prices in Peru: An Empirical Application Using TVP-VAR-SV Models," Documentos de Trabajo / Working Papers 2022-510, Departamento de Economía - Pontificia Universidad Católica del Perú.

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    More about this item

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment

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