Prices and output in the Mexican economy : empirical testing of alternative hypotheses

Alain Ize; Javier Salas

This paper derives and compares alternative formulations of price and output formation for the Mexican economy over the period 1961-1981. A structuralist type model with working capital is found to dominate its monetarist and Keynesian counterparts. A breakdown of the causes of inflation is offered and simulations are carried out to highlight some trade-offs among real wages, the exchange rate, real interest rates and output

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Year of publication:	1985
Authors:	Ize, Alain ; Salas, Javier
Published in:	Journal of development economics. - Amsterdam : Elsevier, ISSN 0304-3878, ZDB-ID 187117-1. - Vol. 17.1985, 3, p. 175-199
Subject:	Preis \| Ökonometrisches Makromodell \| Mexiko

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Type of publication:	Article
Language:	English
Source:	ECONIS - Online Catalogue of the ZBW

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