Is Latin America Overcoming its Fear of Floating?

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 behavior of output. It finds that the reduction of FOF has tended to decrease output volatility in Chile. However, the opposite phenomenon has happened in Mexico, while the results for Colombia are ambiguous

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Main Author: IBARRA,CARLOS A
Format: Digital revista
Language:English
Published: Instituto de Economía, Pontificia Universidad Católica de Chile 2007
Online Access:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212007000200003
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spelling oai:scielo:S0717-682120070002000032007-12-27Is Latin America Overcoming its Fear of Floating?IBARRA,CARLOS A Floating exchange rates 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 behavior of output. It finds that the reduction of FOF has tended to decrease output volatility in Chile. However, the opposite phenomenon has happened in Mexico, while the results for Colombia are ambiguousinfo:eu-repo/semantics/openAccessInstituto de Economía, Pontificia Universidad Católica de ChileCuadernos de economía v.44 n.130 20072007-11-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212007000200003en10.4067/S0717-68212007000200003
institution SCIELO
collection OJS
country Chile
countrycode CL
component Revista
access En linea
databasecode rev-scielo-cl
tag revista
region America del Sur
libraryname SciELO
language English
format Digital
author IBARRA,CARLOS A
spellingShingle IBARRA,CARLOS A
Is Latin America Overcoming its Fear of Floating?
author_facet IBARRA,CARLOS A
author_sort IBARRA,CARLOS A
title Is Latin America Overcoming its Fear of Floating?
title_short Is Latin America Overcoming its Fear of Floating?
title_full Is Latin America Overcoming its Fear of Floating?
title_fullStr Is Latin America Overcoming its Fear of Floating?
title_full_unstemmed Is Latin America Overcoming its Fear of Floating?
title_sort is latin america overcoming its fear of floating?
description 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 behavior of output. It finds that the reduction of FOF has tended to decrease output volatility in Chile. However, the opposite phenomenon has happened in Mexico, while the results for Colombia are ambiguous
publisher Instituto de Economía, Pontificia Universidad Católica de Chile
publishDate 2007
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212007000200003
work_keys_str_mv AT ibarracarlosa islatinamericaovercomingitsfearoffloating
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