Eficiencia de mercado, paridad del poder adquisitivo y cointegración en los mercados centroamericanos de divisas extranjeras
The assumption that black market exchange rates follow a random walk and/or are determined by the purchasing power parity condition is commonly imposed in macroeconomic models. The results from standard tests of black market efficiency, under the weak form, are not conclusive without any ambiguity w...
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Formato: | Online |
Idioma: | inglés |
Editor: |
El Colegio de México, A.C.
1993
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Acceso en línea: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/290 |
Revista: |
Estudios Económicos |