José Antonio Núñez.; Elizabeth Ortega. - In: Economía: teoría y práctica 34 (2011) 1, pp. 43-63
As an extension of the article by Núñez, De la Cruz and Ortega (2007), different parametric models with jumps are tested with the methodology developed by Ait-Sahalia and Peng (2006), based on the transition function. Data analyzed are the peso-dollar exchange rate. The idea is to implement...