Showing 1 - 10 of 1,144
) as well as on prices in Bolivia. The methodology used was structural autoregressive vectors and the data used came from … the price level. The demand shocks on GDP and prices in Bolivia are negative. Furthermore, I find that the political …
Persistent link: https://www.econbiz.de/10013162465
) as well as on prices in Bolivia. The methodology used was structural autoregressive vectors and the data used came from … the price level. The demand shocks on GDP and prices in Bolivia are negative. Furthermore, I find that the political …
Persistent link: https://www.econbiz.de/10012287320
The aim of this paper is to study the role that prices play in the New Neoclassical Synthesis. It is shown that … offers the same answers on the minor role of prices in static macroeconomics. In spite of this, the New Neoclassical … the search for not just better answers, but for new questions regarding prices in a monetary theory. …
Persistent link: https://www.econbiz.de/10005464605
This paper presents an analysis of the expected inflation distribution based on the surveys made to economic analysts …, dispersion, and skewness, of expected inflation. It is anticipated that the behavior of these aspects will be consistent with the … process of inflation convergence to its target, in the sense that the expected inflation level and dispersion, and the …
Persistent link: https://www.econbiz.de/10010322568
This paper estimates the magnitude of the exchange rate pass-through to consumer prices in Mexico. Moreover, it … level is low and not statistically significant. However, the pass-through is positive and significant for goods prices …
Persistent link: https://www.econbiz.de/10010322595
that the exchange rate pass-through to import prices is complete, but it declines along the distribution chain in such a … way that the impact on consumer prices is below 20 percent. Moreover, we find that the exchange rate pass-through seems to … have decreased substantially from 2001 onwards, which coincides with the adoption of an inflation targeting regime by Banco …
Persistent link: https://www.econbiz.de/10010322617
relationship between credit for consumption and inflation. To give an answer to this question, we have performed an econometric …
Persistent link: https://www.econbiz.de/10010325087
Inflation forecasting plays a central role in monetary policy formulation. At the same time, recent international … empirical evidence suggests that with the decline in inflation of recent years, the joint dynamics of this variable and its … potential predictors has changed and inflation has become more unpredictable. Using a univariate model as a benchmark, we …
Persistent link: https://www.econbiz.de/10010325105
The hierarchical structure of the Colombian Consumer Price Index (CPI) makes possible to calculate inflation as a … inflation using a lineal combination of the forecasts of these components, i.e. a "bottom to top" approach. In this paper, we … compared with an aggregate forecast using a SARIMA model. Our results show that a "bottom to top" method to forecast inflation …
Persistent link: https://www.econbiz.de/10011995028
influence of different costs on domestic prices. The other relationship is associated with the money demand. Then, we propose a …This paper makes a comparative study of the inflation dynamics of Argentina, Brazil, Chile, Colombia, Mexico and … methodology for decomposing the short-run evolution of the year-on-year inflation between the effects of lagged variables and the …
Persistent link: https://www.econbiz.de/10014545975