The Volatility of the Parallel Exchange Rate in Venezuela 2005-2015

Abstract

Keywords

parallel exchange rate, volatility, persistence, stochastic volatility models, EGARCH.

Supplementary File(s)

Author Biography

Laura Daniela Castillo Paredes

Economista de la Universidad de Los Andes. Venezuela. Magister en Estadística de la Universidad de Los Andes, Venezuela. Profesora Asistente adscrita al Departamento de Economía de la Universidad de Los Andes, Mérida -Venezuela.

Josefa Ramoni Perazzi

Economista de la Universidad de Los Andes, Venezuela. Magister en Estadística de la Universidad de Los Andes. PhD en Economía de la Universidad  de South Florida, Estados Unidos. Profesora Titular jubilada de la Universidad de Los Andes, Mérida-Venezuela. Profesora Titular de la Universidad de Santander.

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