2 resultados para Política económica - Historia - Colombia
em Repositorio Institucional Universidad EAFIT - Medelin - Colombia
Resumo:
We evaluate the effectiveness of the Colombian Central Bank´s interventions in the foreign exchange market during the period 2000 to 2014 -- We examine the stochastic process that describes the exchange rate, with a focus on the detection of structural breaks or unit roots in the data to determine whether the Central Bank´s interventions were effective -- We find that the exchange rate can be described either by a random walk or by a trend-stationary model with multiple breaks -- In neither cases do we find any evidence that the exchange rate was affected by the Central Bank interventions
Resumo:
Presenta hojas plegadas de tablas sinópticas con las distancias entre ciudades