Inflación de alimentos en Perú: El rol de la política monetaria

Joao Ribeiro ()
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Joao Ribeiro: Universidad Peruana de Ciencias Aplicadas, Perú

Revista de Analisis Economico – Economic Analysis Review, 2019, vol. 34, issue 2, 81-98

Abstract: Food inflation in Peru has a significant influence on total inflation, so the presence of second-round effects on core inflation may be high. This paper estimates the size of these second-round effects using a general equilibrium model for the Peruvian economy. The results indicate the absence of a significant second round effect on Peruvian inflation, given that food inflation does not play any role in the formation of inflation expectations and in the determination of wages.

Keywords: Monetary policy; forecasting; food inflation; Peru (search for similar items in EconPapers)
JEL-codes: E52 E58 F47 O23 (search for similar items in EconPapers)
Date: 2019
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