Show simple item record

dc.creatorOjeda-Joya, Jair N.
dc.date.created2014-12-12
dc.date.issued2014-12-12
dc.identifier.urihttp://repositorio.banrep.gov.co/handle/20.500.12134/6145
dc.description.abstractThis paper provides evidence of short-run predictability for the real exchange rate by performing out-of-sample tests of a forecasting equation which is derived from a consumption-based asset pricing model. In this model, the real exchange rate is predict
dc.format.mimetypePDF
dc.language.isospa
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 857
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.titleA consumption-based approach to exchange rate predictability
dc.typeWorking Paper
dc.subject.jelF47 - Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation: Models and Application
dc.subject.jelC5 - Econometric Modeling
dc.subject.jelF31 - Foreign Exchange
dc.subject.jelG15 - International Financial Markets
dc.subject.keywordExchange Rates
dc.subject.keywordOut-of-sample
dc.subject.keywordPredictability
dc.subject.keywordAsset Pricing
dc.subject.keywordHabits
dc.subject.lembTasa de cambio real -- Modelos
dc.subject.lembConsumo (Economía) -- Colombia
dc.subject.lembCambio exterior -- Estudios comparados
dc.subject.lembValoración de activos -- Modelos
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaG15 - Mercados financieros internacionales
dc.subject.jelspaC5 - Modelización econométrica
dc.subject.jelspaF31 - Tipos de cambio
dc.subject.jelspaF47 - Aspectos macroeconómicos del comercio y las finanzas internacionales: Predicción y simulación; Modelos y aplicación
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
dc.relation.repechttps://ideas.repec.org/p/bdr/borrec/857.html
dc.relation.dotechttps://ideas.repec.org/p/col/000094/012339.html
dc.identifier.handlehttp://hdl.handle.net/20.500.12134/6145


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record

This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit