Mexico's Integration into NAFTA Markets : A View from Sectoral Real Exchange Rates and Transaction Costs /

A self-exciting threshold autoregressive model is used to measure transaction costs that may explain relative price differentials and nonlinearities in the behavior of sectoral real exchange rates across Mexico, Canada and the U.S. Interpreting price threshold bands as transactions costs, we find ev...

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Hlavní autor: Juvenal, Luciana
Další autoři: Blavy, Rodolphe
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2008.
Edice:IMF Working Papers; Working Paper ; No. 2008/123
On-line přístup:Full text available on IMF