Expectativas de inflación y la política monetaria: evidencia del anclaje en México (2000-2015)
Luís Gerardo González Hernández and
Eddy Lizarazu Alanez ()
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Luís Gerardo González Hernández: Estudiante del Programa Integrado de Maestría y Doctorado en Ciencias Económicas, UAM
Eddy Lizarazu Alanez: Profesor del Programa Integrado de Maestría y Doctorado en Ciencias Económicas, UAM
Revista Nicolaita de Estudios Económicos, 2016, vol. XI, issue 1, 75-100
Abstract:
The monetary policy in the New-Keynesian (NK) is characterized for a goal inflation explicit. The inflation expectations are crucial in the frame of inflation goals. In this study we analyze the behavior of the inflation expected and the monetary policy in the case of Mexico, in order to document the process of convergence with the inflation target. The evidence shows that agents’ expectations are anchored and are insensitive to aggregate supply shocks.
Keywords: Anchorage of the inflation expectations; central bank credibility; inflationary shocks; optimal monetary policy (search for similar items in EconPapers)
JEL-codes: E42 E52 E58 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ris:rnicee:0102
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