Vol. 11 No. 3 (2001)
Artículos de investigación

Evidencia Empírica sobre la Paridad del Poder Adquisitivo en México

PDF (Spanish)
  • Lorena Medina,
  • Antonio E. Noriega
Lorena Medina
Antonio E. Noriega

Published 2001-12-01

Keywords

  • Array,
  • Array,
  • Array,
  • Array,
  • Array
Copyright Notice

How to Cite

Medina, L., & Noriega, A. E. (2001). Evidencia Empírica sobre la Paridad del Poder Adquisitivo en México. Acta Universitaria, 11(3), 33-38. https://doi.org/10.15174/au.2001.296

Abstract

This article describes the application of methods recently developed for testing stationarity in the Mexico/US real exchange rate, while allowing for an unknown number of structural breaks in the long-run level of the series. In our empirical implementation, inference relies on bootstraped critical values. As a result, we present unambiguous empirical evidence on the stationarity of the real exchange rate, thus favoring long-run purchasing power parity.
PDF (Spanish)

References