dc.creator | Rincón-Castro, Hernán |
dc.date.created | 1999-06-01 |
dc.date.issued | 1999-06 |
dc.identifier.uri | https://repositorio.banrep.gov.co/handle/20.500.12134/4072 |
dc.description | This paper examines the role of the Exchange rate in determining the short and long run trade balance behavior for Colombia testing the BRM and ML conditions, and the J-curve hypothesis. It uses a regression model formulation which includes income and money so that the monetary and absorption approaches to the balance of payments are also examined. |
dc.format.extent | 36 páginas : gráficas, tablas |
dc.format.mimetype | PDF |
dc.language.iso | eng |
dc.publisher | Banco de la República de Colombia |
dc.relation.ispartof | Artículos de revista |
dc.relation.ispartofseries | Revista Ensayos Sobre Política Económica |
dc.relation.isversionof | No. 35. Junio, 1999. Pág.: 87-121. |
dc.rights.accessRights | Open Access |
dc.rights.uri | https://creativecommons.org/licenses/by-nc-sa/4.0/ |
dc.subject | Devaluación |
dc.subject | Balanza comercial |
dc.subject | Condición BMR |
dc.subject | Condición ML |
dc.subject | Curva J |
dc.subject | Cointegración |
dc.title | Testing the short-and-long-run exchange rate effects on
the trade balance : the case of Colombia |
dc.type | Article |
dc.subject.jel | F41 - Open Economy Macroeconomics |
dc.subject.jel | F31 - Foreign Exchange |
dc.subject.jel | F32 - Current Account Adjustment; Short-Term Capital Movements |
dc.subject.jel | C32 - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models |
dc.subject.jel | C52 - Model Evaluation, Validation, and Selection |
dc.audience | Policymakers |
dc.audience | Researchers |
dc.audience | Students |
dc.audience | Teachers |
dc.subject.keyword | Devaluation |
dc.subject.keyword | Trade balance |
dc.subject.keyword | BMR condition |
dc.subject.keyword | ML condición |
dc.subject.keyword | J curve |
dc.subject.keyword | Cointegration |
dc.subject.lemb | Cambio exterior -- Colombia -- 1979-1994 |
dc.subject.lemb | Devaluación -- Colombia -- 1979-1994 |
dc.type.spa | Artículo |
dc.rights.spa | Acceso abierto |
dc.rights.cc | Atribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0 |
dc.subject.jelspa | C52 - Evaluación, contraste y selección de modelos |
dc.subject.jelspa | C32 - Modelos de series temporales; Regresiones cuantiles dinámicas; Modelos dinámicos de tratamiento; procesos de difusión; representación de espacios de estados |
dc.subject.jelspa | F32 - Ajustes de la balanza por cuenta corriente; Movimientos de capital a corto plazo |
dc.subject.jelspa | F31 - Tipos de cambio |
dc.subject.jelspa | F41 - Macroeconomía de la economía abierta |
dc.type.hasversion | Published Version |
dc.coverage.sucursal | Bogotá |
dc.relation.issn | 0120-4483 |
dc.source.bibliographicCitation | Alexander, S. S. (1952). "Effects of a Devaluation on a Trade Balance," International Monetary Fund Staff papers, 2, 263-278. |
dc.source.bibliographicCitation | Artus, J. R., and A. K. McGuirk (1981), "A Revised Version of the Multilateral Exchange rate Model," IMF Staff papers, 28, 275-309. |
dc.source.bibliographicCitation | Bickerdike, C. F. (1920), "The Instability of Foreign Exchanges," The Economic Journal, March. |
dc.relation.doi | https://doi.org/10.32468/Espe.3503 |
dc.relation.repec | https://ideas.repec.org/a/bdr/ensayo/vy1999i35p87-121.html |
dc.relation.dotec | https://ideas.repec.org/a/col/000107/005394.html |
dc.identifier.handle | https://hdl.handle.net/20.500.12134/4072 |
dc.creator.firma | Hernán Rincón-Castro |
dc.source.handleRepec | RePEc:col:000107:005394 |
dc.source.handleRepec | RepEc:bdr:ensayo:v::y:1999:i:35:p:87-121 |