Milkshake Prices, International Reserves, and the Mexican Peso
Menu prices from 13 international restaurant franchises that operate in both El Paso and Ciudad Juárez are utilized to examine the behavior over time of the peso/dollar exchange rate. Parametric and nonparametric tests indicate that the price ratio alone provides a biased estimator for the exchan...
Main Authors: | Thomas M. Fullerton Jr., David Torres |
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Format: | Article |
Language: | English |
Published: |
El Colegio de la Frontera Norte
2005-01-01
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Series: | Frontera Norte |
Subjects: | |
Online Access: | http://www.redalyc.org/articulo.oa?id=13603303 |
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