inflation of the previous year. This article explores the impact of this decision on the effectiveness of monetary policy, and … shows that the obligation to adjust the salary to past inflation leads monetary policy to have more effect on real activity … and generates more persistent inflation. …

This paper analyzes the relationship between central bank independence and inflation in a panel of 182 countries for … rate of governors. The results indicate that greater central bank independence is associated with lower levels of inflation … inflation volatility and central bank independence, although the results are statistically significant only when using the full …

This document studies the recent evolution of the break-even-inflation implicit in the yields of long-term financial … instruments in Mexico. In particular, it analyzes the dynamics of its main components: the long-run inflation expectation and the … components. This reflects, on the one hand, the progressive convergence of the estimated inflation expectation to Banco de México …

This document studies the recent evolution of the break-even-inflation implicit in the yields of long-term financial … instruments in Mexico. In particular, it analyzes the dynamics of its main components: the long-run inflation expectation and the … components. This reflects, on the one hand, the progressive convergence of the estimated inflation expectation to Banco de México …

This paper analyzes the relationship between central bank independence and inflation in a panel of 182 countries for … rate of governors. The results indicate that greater central bank independence is associated with lower levels of inflation … inflation volatility and central bank independence, although the results are statistically significant only when using the full …