Hidden Bibliographic Details
| Other authors / contributors: | Juan-Ramon, V. Hugo, 1951-
IMF Institute.
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| ISBN: | 1451898703
9781451898705
1462334792
9781462334797
1282107925
9781282107922
9786613801272
6613801275
9781451853094
1451853092
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| Notes: | Includes bibliographical references (pages 24-26).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | This study shows that in Mexico there is a long-run relationship between the real exchange rate and capital inflows, the external terms of trade, and productivity in the manufacturing sector. A once-and-for-all unit increase in the ratio of quarterly capital inflow to quarterly (annualized) GDP causes a long-run real appreciation of the peso of about 12 percent. The analysis also reveals a structural break in 1995, which coincides with the change to a floating exchange rate arrangement, and an overvaluation of the peso in real terms on the eve of the end-1994 crisis in the range of 12 to 25 percent.
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| Other form: | Print version: Dabós, Marcelo P. Real exchange rate response to capital flows in Mexico. Washington, D.C. : International Monetary Fund, ©2000
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| Standard no.: | 10.5089/9781451898705.001
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