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Using Signal Processing Tools For Regulation Analysis And Implementation: The Case Of The Reserve Requirement Rules For The Foreign Exchange Transactions On The Mexican Banking System

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  • Alejandro Reynoso

    (Instituto Tecnológico Autónomo de México)

Abstract

Frecuentemente, los reguladores enfrentan el reto de diseñar e implementar reglas que, por un lado, respondan a los objetivos de la política económica y que, por otro, sean claras con respecto a las operaciones y prácticas diarias del mercado. En muchos casos, las reglas actuales terminan siendo un conjunto de condiciones que son difíciles de evaluar y rediseñar. Este trabajo sugiere que algunas de las herramientas más comúnmente usadas en Signal Processing pudieran ofrecer un vehículo conveniente para superar estas dificultades. Comenzando con el modelo SIMULINK@ de regulación que el Banco de México usa en las transacciones de los bancos comerciales con tipos de cambio, este trabajo ofrece un ejemplo de cómo estas herramientas pueden ser usadas en este contexto.

Suggested Citation

  • Alejandro Reynoso, 2003. "Using Signal Processing Tools For Regulation Analysis And Implementation: The Case Of The Reserve Requirement Rules For The Foreign Exchange Transactions On The Mexican Banking System," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 2(4), pages 359-390, Diciembre.
    • Handle: RePEc:imx:journl:v:2:y:2003:i:4:p:359-390
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    References listed on IDEAS

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    1. Haluk Unal & Miguel Navarro, 1999. "POLICY PAPER: The Technical Process of Bank Privatization in Mexico," Journal of Financial Services Research, Springer;Western Finance Association, vol. 16(1), pages 61-83, September.
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    4. Haluk Unal & Miguel Navarro, 1999. "The Technical Process of Bank Privatization in Mexico," Center for Financial Institutions Working Papers 97-42, Wharton School Center for Financial Institutions, University of Pennsylvania.
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    More about this item

    Keywords

    Foreign Exchange; Government Policy and Regulation;

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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