This paper examines the long-run validity of purchasing power parity (PPP) for four high-inflation countries. The …, during the recent floating exchange rate period, PPP holds well, at least in a weak form, in high-inflation countries where …

the reduction in the Mexican inflation persistence. -- Inflation dynamics ; wavelets ; multiresolution analysis ; energy …This paper studies the dynamics of Mexican inflation by using a wavelet multiresolution analysis on 16 indexes of the … Mexican Consumer Price Index. This enables us to estimate the long-term trend, seasonality, and local shocks of the inflation …

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 …