Testing the short-and-long-run exchange rate effects on trade balance: the case of Colombia
This paper examines the role of exchange rates in determining the short-and-long-run trade balance behavior for Colombia. Conventional wisdom says that a nominal devaluation improves the trade balance. This conjecture is rooted in the Bickerdike- Robinson
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Formato: | Documento de trabajo (Working Paper) |
Lenguaje: | Español (Spanish) |
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Banco de la República
1999
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Acceso en línea: | http://repositorio.banrep.gov.co/handle/20.500.12134/5138 |