Investment and exposure to exchange rate changes in Colombia

"We assemble a large data base of Colombian medium - large firms covering the 1997-2008 period and study different channels through which real exchange rate (RER) changes affect firm investment and profits. With regard to investment, (i) there are adjustment costs, presumably related to capital...

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Autores Principales: Arbeláez, María A., Steiner, Roberto, Salamanca, Andrés
Publicado: 2015
Materias:
Acceso en línea:http://hdl.handle.net/11445/324