The Volatility of the Parallel Exchange Rate in Venezuela 2005-2015

The parallel exchange rate is one of the most important economic variables for decision making in Venezuela. With the purpose of analyzing the exchange rate considering its inherent characteristics, excess kurtosis, persistence and asymmetry, a theoretical synthesis of the main stochastic volatility...

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Autores:
Tipo de recurso:
http://purl.org/coar/resource_type/c_6948
Fecha de publicación:
2017
Institución:
Universidad Pedagógica y Tecnológica de Colombia
Repositorio:
RiUPTC: Repositorio Institucional UPTC
Idioma:
spa
OAI Identifier:
oai:repositorio.uptc.edu.co:001/11956
Acceso en línea:
https://revistas.uptc.edu.co/index.php/cenes/article/view/5312
https://repositorio.uptc.edu.co/handle/001/11956
Palabra clave:
parallel exchange rate
volatility
persistence
stochastic volatility models
EGARCH.
tipo de cambio paralelo
volatilidad
persistencia
modelos estocásticos de volatilidad
EGARCH.
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Copyright (c) 2017 Laura Daniela Castillo Paredes, Josefa Ramoni Perazzi