The Premium, Breakeven, and Discount Exchange Rates of the Mexican Peso in the El Paso Retail Sector PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Premium, Breakeven, and Discount Exchange Rates of the Mexican Peso in the El Paso Retail Sector PDF full book. Access full book title The Premium, Breakeven, and Discount Exchange Rates of the Mexican Peso in the El Paso Retail Sector by Raúl Antón Muñoz. Download full books in PDF and EPUB format.
Author: Raúl Antón Muñoz
Publisher:
ISBN:
Category : Currency substitution
Languages : en
Pages :
Get Book Here
Book Description
Author: Raúl Antón Muñoz
Publisher:
ISBN:
Category : Currency substitution
Languages : en
Pages :
Get Book Here
Book Description
Author: Raul A. Munoz
Publisher:
ISBN:
Category : Currency convertibility
Languages : en
Pages : 32
Get Book Here
Book Description
Author: Mr.Paul R. Masson
Publisher: International Monetary Fund
ISBN: 1451929099
Category : Business & Economics
Languages : en
Pages : 36
Get Book Here
Book Description
This paper examines credibility and reputational factors in explaining the December 1994 crisis of the Mexican peso. After reviewing events leading to the crisis, a model emphasizing the inflation-competitiveness trade-off is presented to explain the formation of devaluation expectations. Estimation results indicate that investors appear to have seriously underestimated the risk of devaluation, despite early warning signals. The collapse of confidence that followed the December 20 devaluation may have been the result of a shift in the perceived commitment of the authorities to exchange rate stability.
Author: Michael J. Pisani
Publisher:
ISBN:
Category :
Languages : en
Pages : 25
Get Book Here
Book Description
Utilizing a unique sample of 253 microenterprise border retailers from El Paso, Texas, this paper explores the possibility of cash payment from cross-border shoppers using Mexican pesos. We find that one-fifth of microenterprise retailers in El Paso accept payment in Mexican pesos. Increased peso acceptance rates are associated with retailer proximity to Mexico and business segment in which the retailers compete. El Paso microenterprises are also more likely than their medium-to-large business counterparts to allow payments to be made using Mexican pesos. The opportunity cost of currency substitution is examined for accepting and yet-to-accept firms.
Author: Agustin Guillermo Carstens Carstens
Publisher:
ISBN:
Category : Foreign exchange futures
Languages : en
Pages : 420
Get Book Here
Book Description
Author: Thomas M. Fullerton (Jr.)
Publisher:
ISBN:
Category : Drug traffic
Languages : en
Pages : 32
Get Book Here
Book Description
"Exchange rate fluctuations and international business cycles may acutely affect retail sales in border regions where residents have the option of shopping in the neighboring country. This study examines the determinants of retail sales in six cities located along Mexico's northern border. Retail activity in these cities is found to increase in tandem with real depreciations of the peso, lower unemployment rates in neighboring US countries, and increased border crossings. Taken together, these results suggest that cross-border shopping contributes to retail activity in the northern border region of Mexico. The opportunities for cross-border shopping may also condition the impact of violent crime on border-region retail sales. In recent years northern Mexico has been deeply affected by a crime wave associated with competition among drug cartels. Homicides related to organized crime are found to have a statistically significant negative impact on retail sales. A surge in crime levels may stifle retail activity in affected areas as extortion and attacks force some stores to close or reduce operating schedules at the same time that some potential customers elect to shop in relatively safer districts across the international divide."--Page 4.
Author: Paul R. Masson
Publisher:
ISBN:
Category :
Languages : en
Pages : 36
Get Book Here
Book Description
This paper examines credibility and reputational factors in explaining the December 1994 crisis of the Mexican peso. After reviewing events leading to the crisis, a model emphasizing the inflation-competitiveness trade-off is presented to explain the formation of devaluation expectations. Estimation results indicate that investors appear to have seriously underestimated the risk of devaluation, despite early warning signals. The collapse of confidence that followed the December 20 devaluation may have been the result of a shift in the perceived commitment of the authorities to exchange rate stability.
Author: Guillermo Benavides
Publisher:
ISBN:
Category :
Languages : en
Pages : 43
Get Book Here
Book Description
The objective of this paper is to analyze what are the main determinants of the exchange rate risk premium (ERP). The empirical case is conducted for the daily Mexican peso-USD for a simple period from 2007 until 2015. According to the results the ERP is influenced by several financial variables which are the VIX, a carry trade index, the EMBI and the forward premium. These results are in line with previous results in the literature that have proven that exchange rate premium are influenced by several financial variables, which are usually considered as 'proxies' of risk.
Author: Karen Elizabeth Parker
Publisher:
ISBN:
Category :
Languages : en
Pages : 510
Get Book Here
Book Description
Author: Hoe Ee Khor
Publisher: International Monetary Fund
ISBN: 1451925387
Category : Business & Economics
Languages : en
Pages : 38
Get Book Here
Book Description
This paper explores how interest rates on domestic financial assets in Mexico are linked to expectations of exchange rate changes and to perceptions about the default risks contained in Mexico’s external debt. It is shown that the interest rate differentials between peso- and U.S. dollar-denominated domestic assets reflected some concerns about the exchange rate policy during the period under study. In addition, the evidence suggests that the interest rate on a U.S. dollar-denominated Mexican domestic asset is linked (i.e., cointegrated) to the yield implicit in the secondary market price for external debt issued by Mexico.
