Usted está aquí

Back to top

Sovereign risk and the real exchange rate : a non-linear approach

Jair Neftali
Gloria Inés
Viernes, 11 Noviembre 2016

We estimate a model of real exchange rate determination which is based on interest rate, term structure and purchasing power parities. This model takes into account sovereign risk as a key determinant with possibly non-linear effects. Estimations are perf