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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Coo2 Bhanga Munda Data, Asli Ascioglu, Padma Kadiyala
Coo2 Bhanga Munda Data, Asli Ascioglu, Padma Kadiyala
Finance Department Faculty Journal Articles
No abstract provided.
Data From: Commercial Bank And Currency Bureau Exchange Rate Sell-Buy Spreads In A Northern Mexico Metropolitan Economy, Thomas M. Fullerton Jr., Francisco J. Pallares
Data From: Commercial Bank And Currency Bureau Exchange Rate Sell-Buy Spreads In A Northern Mexico Metropolitan Economy, Thomas M. Fullerton Jr., Francisco J. Pallares
Datasets
Commercial banks and currency kiosk bureaus provide exchange services throughout Ciudad Juarez, Mexico, a large metropolitan economy located on the border with the United States. This study employs newspaper data to examine how the bank and kiosk sell-buy spreads are affected by fluctuations in the total number of northbound border crossers, variations in bilateral peso per dollar exchange rate, and the yield differential between 90-day Certificados de Tesorería (Mexico CETES) and 90-day U.S. Treasury Bills. The sample is comprised of monthly frequency data from January 2009 through June 2016. Parameter estimation is carried out using a GLS ARMAX procedure. Empirical …