A NOTE ON THE S-CURVE DYNAMICS OF COMMODITY TRADE BETWEEN BRAZIL AND THE UNITED STATES
The S-curve hypothesis postulates that the correlation coefficient between the current exchange rate and past trade balance values may be negative. However, the correlation between the current exchange rate and future values of the trade balance may be positive. Previous research using aggregate tra...
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Autores principales: | , |
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Lenguaje: | English |
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Pontificia Universidad Católica de Chile. Instituto de Economía.
2015
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Acceso en línea: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332015000100004 |
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