Evidencia empírica de la eficiencia del mercado de tipos de cambio por adelantado en México

This paper analyzes the short-term exchange rate coverage market in Mexico. The results demonstrate inefficiencies in this market due to the fact that the implicit forward exchange rate violates the Unbiased Eficiency Hypotesis (UEH). Nonstationarity and co-integration are considered in the context...

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Bibliographic Details
Main Author: Garduño Ríos, Sergio Omar
Format: Online
Language:Spanish
Editor: El Colegio de México, A.C. 1996
Subjects:
Online Access:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/256
Journal:

Estudios Económicos

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