En este ensayo, publicado primeramente en 1988, se analizan dos temas que entonces ocupaban el centro del debate de la politica macroeconomica mexicana: el margen y los caminos para la reduccion de la inflacion, y la cuestion del crecimiento en ausencia de recursos externos, incluido el problema...

Inflation persists at moderate rates of 15-30 percent in all the countries that successfully reduced triple digit inflations in the 1980s. Several other countries, for example Colombia, have experienced moderate inflation for prolonged periods. In this paper we first set out theories of...

Inflation persists at moderate rates of 15-30 percent in all the countries that successfully reduced triple digit inflations in the 1980s. Several other countries, for example Colombia, have experienced moderate inflation for prolonged periods. In this paper we first set out theories of...