Asymmetric real-exchange-rate effects on capital accumulation: evidence from non-linear ARDL models for Mexico
Abstract The paper studies the effects of the real exchange rate (RER) on capital accumulation in Mexico in the period since the late 1980s. By testing for the existence of potential asymmetries, the paper seeks to clarify some of the controversies surrounding the subject. It shows the RER’s long-ru...
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| Format: | Article |
| Language: | English |
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Centro de Investigación y Docencia Económicas
2018-10-01
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| Series: | Latin American Economic Review |
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| Online Access: | http://link.springer.com/article/10.1186/s40503-018-0057-x |