El Índice de Precios al Consumidor (IPC) es uno de los indicadores más importantes para el análisis del desempeño de una economía. En 2007, el Instituto Nacional de Estadística de Bolivia (INE) modificó el año base para el cálculo del IPC, aspecto que desató críticas a la metodología...

Este documento expone las diferencias entre los grupos de ingreso en las canastas de consumo e inflación y analiza el impacto distributivo de los episodios recientes de inflación en Bolivia. Primero se documenta la significativa heterogeneidad en las canastas de consumo según grupos de...

We estimate a supply and demand model of private college education services in Mexico for the 2005-2019 period, in order to identify the factors that influenced the dynamics of their equilibrium prices. The model is estimated with two- and three-stage least squares using panel data at the state...

INEGI publishes, on a monthly basis, national indexes for sector, subsector and industry group of wholesale and retail trade, and state indexes for commerce sector based on information from the Monthly Survey of Commercial Establishments, EMEC. Although the sample design of this survey is...

Measurable aspects of the economic convergence of EU countries form the main topic of this paper. For this purpose, statistical and econometric methods are presented and applied for revealing characteristic elements of such a process. A first group of methods refers mainly to aspects such as:...

What drives the strong reaction of financial markets to central bank communication on the days of policy decisions? We highlight the role of two factors that we identify from highfrequency monetary surprises: news on future macroeconomic conditions (Delphic shocks) and news on future monetary...

Evidence suggests that potential growth and the neutral rate co-move in advanced economies. In contrast, this co-movement is not observed in emerging economies. We argue that capital flows may explain this behavior. We focus on Mexico, a benchmark emerging economy, and find that capital inflows...

This paper introduces an indicator of consumers' inflation expectations based on data from the National Consumer Confidence Survey of Mexico (ENCO, in Spanish), and tests its predictive power over CPI inflation and other measures of inflation that correspond to smaller baskets of consumer goods,...

This paper studies how inflation as a macroeconomic indicator affects nominal bond prices. I consider an economy with a representative agent with Epstein-Zin preferences. Regime switching affects the state-space capturing inêation and consumption growth. Thus, the agent is concerned about the...

In this paper, we conducted a detailed statistical analysis of the behavior of the Mexican CPI price variations from May 2003 to August 2006. Different methodologies allowed identification of possible classification problems of the subindexes and inflationary pressures on specific items during...