Usted está aquí

Back to top

A Model of the Nominal and Real Exchange Rates in Colombia

Javier Guillermo
Gómez-Pineda
Domingo, 8 Agosto 1999

Using the johansens cointegration technique we develop an empirical model of the nominal and real exchange rates of Colombia. We find that the nominal exchange rate is determined by the nominal variables and the fundamentals and that the real exchange rat