Inflationary pressure determinants in México

Thomas Fullerton ()
Authors registered in the RePEc Author Service: Cuauhtemoc CALDERON VILLARREAL ()

Estudios Económicos, 1999, vol. 14, issue 1, 33-51

Abstract: An ongoing and difficult policy issue confronting monetary .authorities in many developing economies is how to maintain stable prices. Unstable prices create uncertainty, lower investment, and raise costs of doing business, thus lowering rates of growth. As a result, when a country, it is necessary to understand its particular inflationary dynamics. This paper develops a standard monetary inflation model and augments it to include imported inputs and labor costs in a theoretically plausible manner. Implications for implementing an empirical version of the model are also discussed.

Date: 1999
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Working Paper: Inflationary Pressure Determinants in Mexico (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:emx:esteco:v:14:y:1999:i:1:p:33-51

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