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.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call