Article ID Journal Published Year Pages File Type
7344846 Economía Informa 2016 14 Pages PDF
Abstract
In this document, the economics of information theory is used to explain the impact of dollar auctions in the parity between the Mexican peso and the US dollar to the period of January 2014 and March 2016. For this is considered the George Stigler model which explains how the prices are determined in markets with asymmetric information. The results suggest that the strategy of dollar auctions was one of several other factors affecting the price dispersion dollar during the study period.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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