Drivers of Peru's Equilibrium Real Exchange Rate : Is the Nuevo Sol a Commodity Currency? /

This paper tests the hypothesis of 'commodity currency' on the nuevo sol and, more generally, identifies the drivers of Peru's equilibrium real exchange rate using a cointegration analysis. The results show that export commodity prices do not have a statistically significant impact on...

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Bibliografische gegevens
Hoofdauteur: Tashu, Melesse
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2015.
Reeks:IMF Working Papers; Working Paper ; No. 2015/026
Online toegang:Full text available on IMF