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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Dettagli Bibliografici
Autore principale: Juvenal, Luciana
Altri autori: Blavy, Rodolphe
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/123
Accesso online:Full text available on IMF