Ibarra-Niño, Carlos Alberto - In: Latin American Economic Review 27 (2018) 1, pp. 1-24
The paper studies the effects of the real exchange rate (RER) on capital accumulation in Mexico in the period since the late 1980s. By testing for the existence of potential asymmetries, the paper seeks to clarify some of the controversies surrounding the subject. It shows the RER's long-run...