Ysusi, Carla - In: The IUP Journal of Monetary Economics IX (2011) 2, pp. 6-38
This paper studies the dynamics of Mexican inflation by using a wavelet Multiresolution Analysis (MRA) on 16 indexes of the Mexican consumer price index. This enables to estimate the long-term trend, seasonality, and local shocks of the inflation series, even when the series are non-stationary....