Érase una vez un efecto Trump. Información en Internet y el tipo de cambio
Using official data (Banco de Mexico, INEGI) and large-scale information from the Internet (Google Trends, Twitter), a VAR model and Granger causality tests are used to model the behavior of the peso/dollar exchange rate. Trump’s online popularity, along with messages on Twitter regarding the relati...
| Main Authors: | , |
|---|---|
| Format: | Online |
| Language: | Spanish |
| Editor: |
El Colegio de México, A.C.
2021
|
| Subjects: | |
| Online Access: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/423 |
| Journal: |
Estudios Económicos |
| Summary: | Using official data (Banco de Mexico, INEGI) and large-scale information from the Internet (Google Trends, Twitter), a VAR model and Granger causality tests are used to model the behavior of the peso/dollar exchange rate. Trump’s online popularity, along with messages on Twitter regarding the relationship between Mexico and the United States, generated a feeling of concern which was reflected in the exchange rate, at least in the short term. The main learning derived from these findings is that the information generated in social networks allows us to know the behavior of fundamental economic variables. |
|---|