López-Mares, Jesús Eduardo; Ocegueda Hernández, Juan … - In: Economies : open access journal 13 (2025) 3, pp. 1-15
The aim of this paper is to investigate how the central bank of Mexico - a prototypical emerging market economy (EME) - adjusted its reaction coefficients according to an estimated Taylor-type rule in response to the COVID-19 pandemic and the posterior surge in inflation. To do so, we estimate a...