Werner, Alejandro M.; Bazdresch, Santiago - In: El Trimestre Económico LXVII (4) (2000) 268, pp. 487-522
During a large part of its recent history, the Mexican economy has experienced a moderate level of inflation. In this note some arguments are given against maintaining inflation in this range for long periods, not only in the sense that long run costs are large and inevitable, but because the...
