Von Furstenberg, George M. - In: Journal of entrepreneurial finance : JEF ; official … 10 (2005) 2, pp. 15-37
Using a de facto classification of exchange-rate regimes, this paper investigates how the volatility of PPP-GDP per person and per hour of work is associated with such regimes in Mexico and in Canada. It finds that, for Mexico unlike Canada, the macroeconomic volatility left is much greater...