Fundamentals of Equilibrium Real Exchange Rate

This paper examines the evolution of price competitiveness of Uruguayan economy, assessing the presence of "Balassa-Samuelson Effect" and a change in the economy’s international integration, in a context of income and aggregate expenditure growth, through Johansen methodology. We found a long-term r...

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Bibliographic Details
Main Author: Benítez, Juan (author)
Other Authors: Mordecki, Gabriela (author)
Format: article
Language:English
Published: 2012
Subjects:
Online Access:https://hdl.handle.net/20.500.12008/31719
https://doi.org/10.55444/2451.7321.2012.v50.n1.10251
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