Análisis tiempo-frecuencia de la incertidumbre de la política económica y su relación con los tipos de cambio: aplicación para países latinoamericanos, 2010 – 2022
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https://doi.org/10.17533/udea.le.n102a356728Palabras clave:
Time-frequency analysis, Financial Econometrics, Foreign Exchange, Financial Risk, Uncertainty, Latin AmericaResumen
Este artículo aporta una nueva perspectiva sobre la relación entre el índice de incertidumbre de la política económica (EPU) y las tasas de cambio en países latinoamericanos (Brasil, Chile, Colombia y México), utilizando el análisis espectral de Wavelet (WPS) y el análisis de coherencia de Wavelet (WCA) con datos mensuales de enero de 2010 a mayo de 2022. Los resultados indican una correlación positiva consistente entre el EPU y las tasas de cambio a corto, mediano y largo plazo. Estos hallazgos destacan la conexión entre la incertidumbre económica y las tasas de cambio, subrayando la necesidad de una gestión cuidadosa de la política económica y la consideración de eventos políticos para promover la estabilidad y el crecimiento económico en estas naciones latinoamericanas
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