Monetary Neutrality in the Colombian Real Exchange Rate

Borradores de Economia
Número: 
85
Publicado: 
Clasificación JEL: 
F31, C32
Palabras clave: 
monetary, Colombia

Lo más reciente

Sandra Isabel Salamanca-Gil, Enrique Montes-Uribe, Juan Sebastián Silva-Rodríguez
Jhorland Ayala-García, Yesica Tatiana Lara-Silva, Alejandro Alberto Vargas-Villamil, Lina Romero-Chaparro

We identified and estimated a SVAR model in the real and nominal exchange rates through the Blanchard and Quah decomposition. This enables us to provide results regarding the magnitude and length of nominal and real shock effects in the real and nominal e