Uncovered interest parity and the USD/COP exchange rate

Borradores de Economia
Number: 
227
Published: 
Classification JEL: 
E00
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

The most recent

Mario Andrés Ramos-Veloza, Sara Naranjo-Saldarriaga, José Pulido
Rocío Clara Alexandra Mora-Quiñones, Antonio José Orozco-Gallo, Dora Alicia Mora-Pérez

This paper tests the uncovered interest parity (UIP) hypothesis for the USD/COP exchange rate, using weekly data for the period from January 1994, when Colombia introduced its crawling band exchange rate regime, to August 2002. The study yields several in