Analysis of the reference interest rates in Costa Rica, in national and foreign currency, from a financial investment perspective using the Fischer International Effect methodology

 

Αποθηκεύτηκε σε:
Λεπτομέρειες βιβλιογραφικής εγγραφής
Συγγραφείς: Arguedas Campos, Carlos Leonardo, Vallejo Esquivel, Gustavo Mauricio
Μορφή: artículo original
Κατάσταση:Versión publicada
Ημερομηνία έκδοσης:2019
Περιγραφή:The purpose of this article is to analyze, three indicators of the Central Bank of Costa Rica (BCCR): the basic passive rate (TBP), the exchange rate of the colon with respect to the US dollar (TC) and the effective rate in dollars (TED); as macroeconomic components that affect the valuation of an investment in colones or dollars. The study is carried out through the construction of an International Fischer Effect model (EFI), for the period between the first quarter of 2016 and the first quarter of 2019. Based on this model, it is evaluated, if during this period investing in dollars can generate a capital gain; in addition, the importance of absolute exchange rate changes to make such investments in dollars is outlined.
Χώρα:Portal de Revistas UNA
Ίδρυμα:Universidad Nacional de Costa Rica
Repositorio:Portal de Revistas UNA
Γλώσσα:Español
OAI Identifier:oai:ojs.www.una.ac.cr:article/12359
Διαθέσιμο Online:https://www.revistas.una.ac.cr/index.php/economia/article/view/12359
Access Level:acceso abierto
Λέξη-Κλειδί :capital gain
financial decision
credit
observed exchange rate
economic indicators
ganancia de capital
decisión financiera
crédito
tipo de cambio observado
indicadores económicos
ganho de capital
decisão financeira
indicadores econômicos