Convergencia y Estabilidad de los Tipos de Cambio Europeosuna Aplicación de Exponentes de Lyapunov

  1. Olmedo, Elena
  2. Gimeno, Ricardo
  3. Escot Mangas, Lorenzo
  4. Mateos de Cabo, Ruth
Revista:
Cuadernos de economía: Latin American Journal of Economics

ISSN: 0717-6821

Any de publicació: 2007

Número: 129

Pàgines: 91-108

Tipus: Article

DOI: 10.4067/S0717-68212007000100004 DIALNET GOOGLE SCHOLAR lock_openAccés obert editor

Altres publicacions en: Cuadernos de economía: Latin American Journal of Economics

Resum

In this paper we applied the dynamic system theory to the measurement of the stability of the European process of convergence. In particular, Lyapunov¿s exponents are used to verify the influence of political and economic decisions made during the creation of the European Union on the stability (or instability) of exchange rate fluctuation in different European countries. We find evidence of such relationship.

Fuente de los datos: Dialnet