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for a structural shift in the volatility of the Mexico-US bilateral real exchange rate. The Kim, Leybourne and Newbold … exchange rate, hence evidence of PPP, for the full sample, 1930-2012 and various subsamples. The persistence of deviations of … the real rate from its PPP level as measured by half-lives ranges from 1.37 to 2.41 years. …
Persistent link: https://www.econbiz.de/10010667310
for a structural shift in the volatility of the Mexico-US bilateral real exchange rate. The Kim, Leybourne and Newbold … exchange rate, hence evidence of PPP, for the full sample, 1930-2012 and various subsamples. The persistence of deviations of … the real rate from its PPP level as measured by half-lives ranges from 1.37 to 2.41 years. …
Persistent link: https://www.econbiz.de/10010823224
This paper explores empirically the relationship between the Monetary Policy in the U.S. and the real exchange rate MXN/USD over the period 1996-2012 with monthly data. We consider a cointegration approach using a model of real exchange rate fundamentals as in Goldfajn and Valdes (1999), where...
Persistent link: https://www.econbiz.de/10010823189
Mexico and the US. The results suggest that, in the case of the US, financial deepening has been related to the rate of real …
Persistent link: https://www.econbiz.de/10010675900
Mexico and the US. The results suggest that, in the case of the US, financial deepening has been related to the rate of real …
Persistent link: https://www.econbiz.de/10010823279
inflation, output growth and uncertainty for the case of Mexico. …
Persistent link: https://www.econbiz.de/10010823291
This exercise estimated competitiveness for the 32 federal states of Mexico taking into account production … international economy, and comprise mature states as Nuevo León, DF, Querétaro, Estado de México, Jalisco, border states and …
Persistent link: https://www.econbiz.de/10010685965
In Mexico, as in most Latin American countries with indigenous populations, it is commonly believed that European …
Persistent link: https://www.econbiz.de/10010685968
Mexico is a highly centralized federation. The states and municipalities are highly dependent on federal transfers and … so equally at risk to the country’s fiscal dependence on oil. Although Mexico has become more truly federal since … paper we discuss measures to promote Pemex’ development in the context of Mexico’s federal system, such as: (i) the …
Persistent link: https://www.econbiz.de/10010685971
gasoline tax incidence may be progressive in Mexico and, more generally, in LDCs. …
Persistent link: https://www.econbiz.de/10010685972