Financial Liberalization, Structural Change, and Real Exchange Rate Appreciations /

We account for the appreciation of the real exchange rate in Mexico between 1988 and 2002 using a two sector dynamic general equilibrium model of a small open economy with two driving forces: (i) differential productivity growth across sectors and (ii) a decline in the cost of borrowing in foreign m...

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Detalles Bibliográficos
Autor Principal: Meza, Felipe
Outros autores: Urrutia, Carlos
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/063
Acceso en liña:Full text available on IMF

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