A Model of the Nominal and Real Exchange Rates in Colombia

Javier Guillermo Gómez-Pineda

Borradores de Economia

Number:

129

Published:

Sunday, 8 August 1999

Classification JEL:

F31, F41

Keywords:

Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

Download document

The most recent

Assessing the Effects of Recent Provisioning Rules on Consumer Credit Allocation in Colombia

Diego Fernando Cuesta-Mora, Fredy Alejandro Gamboa-Estrada, Camilo Eduardo Sánchez-Quinto

Public Debt, Fiscal Deficit Expectations, and Their Transmission to the Cyclical Component of Long-Term Interest Rates

José Vicente Romero-Chamorro, Hernando Vargas-Herrera

Short vs Medium-Run: Exchange Rate Movements, Investment and the Currency Composition of Balance Sheets

Juan Camilo Medellín-Martínez, Sergio Restrepo Ángel

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