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La política monetaria y la Corte Constitucional: el caso del salario mínimo
Hofstetter, Marc - In: Revista de Economía Institucional 8 (2006) January-June, pp. 105-124
inflation of the previous year. This article explores the impact of this decision on the effectiveness of monetary policy, and … shows that the obligation to adjust the salary to past inflation leads monetary policy to have more effect on real activity … and generates more persistent inflation. …
Persistent link: https://www.econbiz.de/10005557781
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La independencia de los bancos centrales y la inflación: Un análisis empírico
Chiquiar, Daniel; Ibarra-Ramírez, Raúl - 2019
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
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LA META DEL BANCO CENTRAL Y LA PERSISTENCIA DE LA INFLACIÓN EN COLOMBIA
Echavarría, Juan José; Rodríguez, Norberto; Rojas, … - BANCO DE LA REPÚBLICA - 2010
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
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La independencia de los bancos centrales y la inflación : un análisis empírico
Chiquiar, Daniel; Ibarra-Ramírez, Raúl - 2019
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
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Influencia de la asimetría cambiaria del peso mexicano frente al dólar norteamericano en la utilización de derivados financieros por las empresas no financieras mexicanas
Corona Dueñas, José Asunción; Guerrero Herrera, Juan … - In: Atlantic Review of Economics 2 (2014), pp. 1-36
This paper analyzes from a long-term perspective, if the performance of the Mexican peso exchange, presents a recurring asymmetric behavior against the US dollar, and if that behavior has an influence on the potential use of financial derivatives by non-financial firms Mexican selected in the...
Persistent link: https://www.econbiz.de/10011536981
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Reglas de política monetaria para una economía abierta con fricciones financieras: Un enfoque Bayesiano
Aliaga, Augusto - 2020
set of monetary policy rules is established, all suitable for small open economies, such as Peru. A domestic inflation …
Persistent link: https://www.econbiz.de/10015212232
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Influencia de la asimetría cambiaria del peso mexicano frente al dólar norteamericano en la utilización de derivados financieros por las empresas no financieras mexicanas
Corona Dueñas, José Asunción; Guerrero Herrera, Juan … - In: Atlantic review of economics : AROE 2 (2014)
This paper analyzes from a long-term perspective, if the performance of the Mexican peso exchange, presents a recurring asymmetric behavior against the US dollar, and if that behavior has an influence on the potential use of financial derivatives by non-financial firms Mexican selected in the...
Persistent link: https://www.econbiz.de/10011308139
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¿Es Conveniente Una Autoridad Monetaria 'Blanda'? (Is 'Soft' Monetary Authority Convenient?)
Esteban Posada, Carlos - 2017
English Abstract: Within the framework of the so-called “inflation targeting” strategy there is a discussion about the … convenience for a society as to the degree of “hardness” of a monetary authority looking to defend its inflation target, and the …↵ort to reach a certain inflation target. In addition, we present and use a solution of the rational expectations version of …
Persistent link: https://www.econbiz.de/10012950688
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Estabilidad de Precios en América Latina:¿Ya LLegamos Allí?
Olivo, Victor - 2016
definition of price stability, I adopt the one that has prevailed in most central banks worldwide: an inflation rate of 2% within … a range between 1-3%. Comparing observed inflation and a three-year moving average of the inflation rate of Latin … American countries with this benchmark, I conclude that the region has attained a low inflation but not price stability. The …
Persistent link: https://www.econbiz.de/10015254366
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Evaluación de medidas de inflación núcleo para Argentina
Matarrelli, Constanza; Aguirre, Mauricio Maximiliano Gómez - 2017
Persistent link: https://www.econbiz.de/10012057264