Economics at your fingertips  

Problemas de asimetria para el analisis y la predictibilidad del tipo de cambio mexicano

Semei Coronado Ramirez () and Gerardo Leonardo Gatica Arreola
Additional contact information
Semei Coronado Ramirez: Universidad de Guadalajara
Gerardo Leonardo Gatica Arreola: Universidad de Guadalajara

EconoQuantum, Revista de Economia y Negocios, 2013, vol. 10, issue 1, 77-89

Abstract: In this paper we apply a frequency-dominant test of time reversibility, the REVERSE test based on the bispectrum, to explore the high-order spectrum properties of the Mexican exchange rate reversible process. The results show that the series is time irreversible and therefore it does not comply with the property of i.i.d. The result implies that this kind of series cannot be analyzed with GARCH models, since these could drive to wrong economic policies

Keywords: Irreversibilidad temporal; biespectro; asimetría; tipo de cambio mexicano. (search for similar items in EconPapers)
JEL-codes: C12 C32 F31 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

EconoQuantum, Revista de Economia y Negocios is currently edited by Mauricio Ramirez Grajeda

More articles in EconoQuantum, Revista de Economia y Negocios from Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia. Contact information at EDIRC.
Bibliographic data for series maintained by Sandra Ivett Portugal Padilla ().

Page updated 2019-08-28
Handle: RePEc:qua:journl:v:10:y:2013:i:1:p:77-89