Análisis del intercambio entre el producto y la inflación en la economía mexicana

José D. Liquitaya () and Miguel Ángel Ramírez
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José D. Liquitaya: Profesor Investigador del Área de Teoría Económica y jefe del C.A.”Modelos Macroeconómicos”, Departamento de Economía, UAM -Iztapalapa
Miguel Ángel Ramírez: Profesor-Investigador y jefe del Área de Teoría Económica, Departamento de Economía, UAM-Iztapalapa.

Revista Nicolaita de Estudios Económicos, 2009, vol. IV, issue 1, 85-110

Abstract: In this paper, the relevancy of the classic analysis’ model of the Rational Expectations School (RES) is reexamined; mainly in the concerning to the tradeoff’s vision between the product and inflation originally postulated by Robert Lucas Jr. For such effect, a historical recount of the ideas is made regarding the relationship inflation-unemployment until the formulation and empiric inquiry of the Luca’s Aggregate Supply. Next, the logical and formal aspects of the model are specified; then, some details are elucidated concerning the sample and used data. Ulteriorly, the results and the fundamental hypotheses are analyzed. Lastly, the main conclusions are submitted.

Keywords: Phillips curve; rational expectations; natural rate of unemployment. (search for similar items in EconPapers)
JEL-codes: C30 E13 E31 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ris:rnicee:0009

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