Cerda, Rodrigo; Donoso, Álvaro; Lema, Aldo - In: Latin American Journal of Economics-formerly Cuadernos … 42 (2005) 126, pp. 329-356
This paper incorporates demand and supply fundamentals in the determination of the Real Exchange Rate (RER). We are able to confirm the negative influence of the ratio expenditure-PIB and the terms of trade on RER, but in addition we find robust evidence
