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In 1982, Mexico faced a balance of payments crisis, as rising interest rates and falling oil revenues made it … currency swap facilities that the US government used to provide dollar funding to the Bank of Mexico (BoM) during this crisis … International Monetary Fund (IMF) funding that US and Mexican officials hoped would address Mexico’s macroeconomic problems. On …
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The Consumer Price Index is a Laspeyres index which uses a plutocratic method. This paper has three purposes. The first purpose is to assemble a democratic CPI. The second purpose is to construct an alternative one using the median of the expenditure distribution. The third purpose is to compile...
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