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Asymmetric monetary and exchange-rate policies in Latin American countries that use inflation targeting
(2018-08-18)
In recent decades, Latin American countries have adopted more flexible exchange-rate regimes and set inflation targets. Several authors argue that some countries’ monetary and exchange-rate policies suffer from a procyclical ...
Industrial growth and consumer goods inflation in Mexico: an econometric analysis
(2019-12-19)
This paper employs a vector error correction methodology to investigate the long-term determinants of consumer goods inflation and industrial growth in Mexico during the 2001–2016 period. This is underpinned by a aggregate ...
Business cycles, expectations and inflation in Brazil: a New-Keynesian Phillips curve analysis
(2018-04)
This article analyses Brazil’s recent inflation dynamic, considering different expectations environments within the New-Keynesian Phillips curve framework, to observe how the potential for discretionary behaviour by the ...