Borradores de Economia
Número:
635
Publicado:
Clasificación JEL:
C32, C53, E58, F31
Palabras clave:
Exchange rate determination, Inflation Targeting, Out of sample performance, Johansen multivariate cointegration.
Lo más reciente
Jorge Florez-Acosta, Margarita María Gáfaro-González, Alejandra González-Ramírez, Juan Sebastián Vélez-Velásquez
Sandra Isabel Salamanca-Gil, Enrique Montes-Uribe, Juan Sebastián Silva-Rodríguez
This research studies the forecasting performance of conventional and more recent exchange rate models in Colombia. The purpose is to explain which have been the main exchange rate determinants under an Inflation Targeting regime and a completely floating