scholarly journals Capital Flows, Real Exchange Rates, and Capital Controls: Some Latin American Experiences

10.3386/w6800 ◽  
1998 ◽  
Author(s):  
Sebastian Edwards
2019 ◽  
Vol 9 (6) ◽  
pp. 232-240
Author(s):  
Hadhek Zouhaier ◽  
Sakli Hniya ◽  
Mosbah Lafi

2016 ◽  
Vol 11 (1) ◽  
pp. 42-51
Author(s):  
Chu V. Nguyen ◽  
Muhammad Mahboob Ali ◽  
Cory Angert

Since, in the NAFTA era, the Mexican economy is much more advanced in the manufacturing sector than those of other Latin American countries, Mexico competes directly with China for U.S. imports. This study empirically investigates the behavior of the Mexican peso/Chinese yuan, Mexican peso/U.S. dollar, and Chinese yuan/U.S. dollar real exchange rates to determine whether the exchange rate policies serve as contributing factors to the subpar performance of the Mexican economy. The empirical findings suggest that the Mexican, Chinese, and U.S. real exchange rates, over the sample period, prove consistent with predations of the purchasing power parity theory; therefore, exchange rate policies may not be a contributing factor to the poor performance of the Mexican economy


2001 ◽  
Vol 04 (02) ◽  
pp. 165-202
Author(s):  
Robert Dekle ◽  
Cheng Hsiao ◽  
Siyan Wang

We employ vector autoregression and cointegration estimation to examine the impact of net capital inflows on real exchange rates, output and real interest rates in several East Asian and Latin American economies during the 1990s. We find that increases in net capital inflows leads to appreciations of the real exchange rates in all the countries but have no impact on real output except for Thailand.


Author(s):  
Roberto Frenkel ◽  
Martín Rapetti

AbstractThe paper analyses exchange rate regimes implemented by the major Latin American (LA) countries since the 1950s, with special attention to the period beginning in the 1970s. The aim is to evaluate the relationship between exchange rate regimes and macroeconomic performance. After an overview of the main trends followed by the major LA countries over the last 60 years, the paper focusses on regimes that were implemented (1) with stabilisation purposes (nominal anchor) and (2) with the aim of targeting competitive and stable real exchange rates. These sections analyse in greater detail some important links between exchange rate regimes and macroeconomic performance. The paper closes with an assessment of the experiences with exchange rate regimes in LA.


2013 ◽  
Vol 24 ◽  
pp. 138-146 ◽  
Author(s):  
Juthathip Jongwanich ◽  
Archanun Kohpaiboon

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