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Inflationary pressure determinants in México

Author

Listed:
  • Thomas M. Fullerton, Jr.

    (University of Texas at El Paso)

Abstract
An ongoing and difficult policy issue confronting monetary .authorities in many developing economies is how to maintain stable prices. Unstable prices create uncertainty, lower investment, and raise costs of doing business, thus lowering rates of growth. As a result, when a country, it is necessary to understand its particular inflationary dynamics. This paper develops a standard monetary inflation model and augments it to include imported inputs and labor costs in a theoretically plausible manner. Implications for implementing an empirical version of the model are also discussed.

Suggested Citation

  • Thomas M. Fullerton, Jr., 1999. "Inflationary pressure determinants in México," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 14(1), pages 33-51.
  • Handle: RePEc:emx:esteco:v:14:y:1999:i:1:p:33-51
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    File URL: https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/230/232
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    References listed on IDEAS

    as
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    16. Hanson, James A., 1985. "Inflation and imported input prices in some inflationary Latin American economies," Journal of Development Economics, Elsevier, vol. 18(2-3), pages 395-410, August.
    17. Thomas M Fullerton Jr, 2004. "Short-Run Price Movements in Ecuador," Macroeconomics 0407028, University Library of Munich, Germany.
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    Cited by:

    1. Flores Prieto, Pedro & Fullerton, Thomas M., Jr. & Andrade Olivas, Cesar, 2007. "Evidencia empirica sobre deuda externa, inversion, y crecimiento en Mexico, 1980-2003 [Empirical evidence on foreign debt, investment, and growth in Mexico, 1980-2003]," MPRA Paper 9497, University Library of Munich, Germany, revised Apr 2007.
    2. Thomas M Fullerton Jr & Roberto Tinajero, 2004. "Short-Run Price Dynamics in Mexico," Macroeconomics 0407027, University Library of Munich, Germany.

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    More about this item

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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