Forecasting foreign exchange rates in Colombia assuming PPP conditions: Empirical evidence using VAR

This document examines exchange rate forecasts during the 1995-2005 period, using a Purchasing Power of Parity Exchange Rate Model (PPPER). Our first finding is that the computed forecasts seem to validate the use of this model under certain conditions given that it performs well in predicting the b...

Full description

Autores:
Fayad Hernández, Catherine
Fortich Mesa, Roberto Carlos
Vélez-Pareja, Ignacio
Tipo de recurso:
Fecha de publicación:
2009
Institución:
Universidad Tecnológica de Bolívar
Repositorio:
Repositorio Institucional UTB
Idioma:
spa
OAI Identifier:
oai:repositorio.utb.edu.co:20.500.12585/12235
Acceso en línea:
https://hdl.handle.net/20.500.12585/12235
Palabra clave:
Misalignment;
Real Exchange Rate;
Balassa-Samuelson Effect
LEMB
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/