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Real exchange rate uncertainty and economic performance in Mexico, 1971-1996
(Centro de Investigación y Docencia Económicas, División de Economía, 1997)
In this paper we consider two empirical questions. First, is there a real Exchange rate (RER) uncertainty effect on economic growth independent of its potential effects on trade? Second, is there a relationship betwecn the ...
The real exchange process and its real effects: theory and evidence
(Centro de Investigación y Docencia Económicas, División de Economía, 2000)
Exchange rate management is a salient macroeconomic issue, especially in developing countries. In this paper, we study political economy factors that may affect the real exchange rate (RER) process and the real economic ...