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Capital flows and private investment in Mexico
(Centro de Investigación y Docencia Ecónomicas, 2013)
Based on the so-called bounds testing approach, the paper studies the long-run effect of capital flows and the real exchange rate on Mexico’s private investment from 1988 through 2008, presenting two main results. First, ...
Asymmetric real‑exchange‑rate effects on capital accumulation: evidence from non‑linear ARDL models for Mexico
(Centro de Investigación y Docencia Económicas, 2018-10-05)
The paper studies the effects of the real exchange rate (RER) on capital accumulation in Mexico in the period since the late 1980s. By testing for the existence of potential asymmetries, the paper seeks to clarify some of ...