The paper presents an incomplete competition model (ICM), where inflation is determined jointly with unit labour cost … growth. The ICM is estimated on data for the Euro area and evaluated against existing models, i.e. the implicit inflation …. There is, however, some support in favour of the (reduced form) AWM inflation equation. It is the only model that …

macroeconomic implications under Mexico's inflation-targeting regime. The results indicate a significant and positive link between … following the formal adoption of inflation targeting. These findings suggest that, while Mexico has achieved price stability …This study examines the dynamic relationship between inflation, inflation uncertainty, and economic performance in …

This research aims at assessing the impact of the volatility of the exchange rate on inflation expectations and … economic growth prospects in Mexico. In order to see whether there is some degree of causality, we will be using standard … significant relationship between the exchange rate volatility and the volatility of inflation expectations, while no statistically …

inflation’s total variation in Mexico. In this context, we study the performance of seasonal time series models to forecast …Since the adoption of inflation targeting, the seasonal appears to be the component that explains the major part of … short-run inflation. Using multi-horizon evaluation techniques, we examine the real-time forecasting performance of four …