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Persistent link: https://www.econbiz.de/10003336092
En este documento se estima un modelo econométrico que descompone la seriede inflación trimestral anualizada entre un componente transitorio y otropermanente, este último inducido probablemente por las variaciones en la metadel Banco Central. Se concluye que la persistencia inflacionaria se...
Persistent link: https://www.econbiz.de/10008765704
This document studies the recent evolution of the break-even-inflation implicit in the yields of long-term financial … instruments in Mexico. In particular, it analyzes the dynamics of its main components: the long-run inflation expectation and the … components. This reflects, on the one hand, the progressive convergence of the estimated inflation expectation to Banco de México …
Persistent link: https://www.econbiz.de/10011788946
This paper analyzes the relationship between central bank independence and inflation in a panel of 182 countries for … rate of governors. The results indicate that greater central bank independence is associated with lower levels of inflation … inflation volatility and central bank independence, although the results are statistically significant only when using the full …
Persistent link: https://www.econbiz.de/10012616390
Este documento de trabajo provee un análisis empírico de la relación entre movimientos del tipo de cambio y los principales índices de precios en los países de la OECD. El análisis del trabajo esta centrado en cómo diferentes ambientes inflacionarios permitirían explicar el descenso en...
Persistent link: https://www.econbiz.de/10005443342
This document studies the recent evolution of the break-even-inflation implicit in the yields of long-term financial … instruments in Mexico. In particular, it analyzes the dynamics of its main components: the long-run inflation expectation and the … components. This reflects, on the one hand, the progressive convergence of the estimated inflation expectation to Banco de México …
Persistent link: https://www.econbiz.de/10011576178
This paper analyzes the relationship between central bank independence and inflation in a panel of 182 countries for … rate of governors. The results indicate that greater central bank independence is associated with lower levels of inflation … inflation volatility and central bank independence, although the results are statistically significant only when using the full …
Persistent link: https://www.econbiz.de/10012167321
Persistent link: https://www.econbiz.de/10002955721
, under an event-study framework the respond of upside risks of inflation expectations to the approval of the Income Law is …This paper presents an analysis of the expected inflation distribution based on the surveys made to economic analysts …, dispersion, and skewness, of expected inflation. It is anticipated that the behavior of these aspects will be consistent with the …
Persistent link: https://www.econbiz.de/10010322568
increase in the wholesale price of electricity would account for around one-third of the rise in the Harmonised Index of … Consumer Prices (HICP) in Spain between December 2020 and June 2021, while its contribution to overall inflation in the main …
Persistent link: https://www.econbiz.de/10013216270