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Análisis del Tipo de Cambio Real: Chile 1986-1999

Rodrigo Cerda, Álvaro Donoso and Aldo Lema

Latin American Journal of Economics-formerly Cuadernos de Economía, 2005, vol. 42, issue 126, 329-356

Abstract: This paper incorporates demand and supply fundamentals in the determination of the Real Exchange Rate (RER). We are able to confirm the negative influence of the ratio expenditure-PIB and the terms of trade on RER, but in addition we find robust evidence

Keywords: Real exchange rate; fundamentals; balassa-samuelson effect; salter-swan effect (search for similar items in EconPapers)
JEL-codes: F31 F41 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (4)

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Latin American Journal of Economics-formerly Cuadernos de Economía is currently edited by Raimundo Soto

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