¿Es factible una unión monetaria para América Latina? Evidencia de los tipos de cambio reales efectivos y los niveles de pass-through de las tasas de interés

This paper assesses the feasibility of forming a common currency in Latin America. First, we examine the cointegration and Granger causality of real effective exchange rates and find evidence supporting a monetary union comprised of Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, and Paraguay....

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