A model of the nominal and real exchange rates in Colombia
Using the johansens cointegration technique we develop an empirical model of the nominal and real exchange rates of Colombia. We find that the nominal exchange rate is determined by the nominal variables and the fundamentals and that the real exchange rat
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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/20.500.12134/5147 |