Is Latin America Overcoming its Fear of Floating?

This paper analyzes the evolution of fear of floating (FOF) and its effect on output in Colombia and Mexico. It shows that there has been a gradual rise in exchange-rate volatility as the period of floating lengthens in each country. The paper analyzes the implications of this evolution for the beha...

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Auteur principal: IBARRA,CARLOS A
Langue:English
Publié: Instituto de Economía, Pontificia Universidad Católica de Chile 2007
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Accès en ligne:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212007000200003
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