This paper examines the long-run validity of purchasing power parity (PPP) for four high-inflation countries. The … test PPP using Johansen's (1988) multivariate cointegration technique. The cointegration tests are conducted with the …, during the recent floating exchange rate period, PPP holds well, at least in a weak form, in high-inflation countries where …

(TFP) in the four major Latin American economies: Argentina, Brazil, Chile, and Mexico. Design/methodology/approach – The … relationship between infrastructure and economic growth for Argentina, Brazil, Chile, and Mexico between 1950 and 2000, using new …

(TFP) in the four major Latin American economies: Argentina, Brazil, Chile, and Mexico. Design/methodology/approach – The … relationship between infrastructure and economic growth for Argentina, Brazil, Chile, and Mexico between 1950 and 2000, using new …

Inflation Targeting Regimes. For this purpose, it applies the VAR methodology developed by Kim (2003) to the cases of Mexico and …

This paper analyzes the Argentine crisis, compares the macroeconomic development in Argentina, Brazil, Chile and Mexico … "structural reforms" show in an international comparison that there are good development perspectives only for Chile. While Mexico …

countries with inflation targets — namely, Chile, Colombia, Mexico and Peru — by fitting GARCH-type models. These countries …

, Colombia and Mexico in the post-1999 period. It also tests for the presence of volatility spillovers between the monetary …, Colombia and Mexico, suggesting that interest-rate smoothing contributes to reducing inflation expectations volatility. No …