link between these fluctuations and the incidence of domestic violence taking place in Uruguay. The real exchange rate is a …

theory for persistence have some modest support: in the data, the stickier is the price of a good the more persistent is its … real exchange rate, but the theory predicts much more variation in persistence than is in the data. The predictions of the … theory for volatiity fare less well: in the data, the stickier is the price of a good the smaller is its conditional variance …

estimation is based on a commonly used economic approach, but with a wider and more up-to-date coverage of data and a more …