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Relative prices in Latin America in periods of low inflation and structural change
- Author(s):
- Manuelito, Sandra |
- Sáinz, Pedro
- Serie:
- Published in:
- CEPAL Review
- No.
- 89
- Date Issued:
- 2006-08
- Physical Description
- p. 95-122
- UN symbol:
- handle
Relative prices and price stability have a recognized identity in economic theory and economic policy. In the last 50 years it is possible to configure numerous scenarios, according to the relative importance given by Latin American governments to price stability and relative prices. In the curren... -
Inflation targeting works well in Latin America
- Author(s):
- García-Solanes, José |
- Torrejón-Flores, Fernando
- Serie:
- Published in:
- CEPAL Review
- No.
- 106
- Date Issued:
- 2012-04
- Physical Description
- grafs., tabls.
- p. 37-53
- UN symbol:
- handle
This paper analyses the macroeconomic effects of inflation targeting (it) in five Latin American countries during the period 2000-2007. We perform three types of econometric tests, which coincide in showing that it regimes have contributed to decreasing the level and variability of both the rate of... -
Asymmetric monetary and exchange-rate policies in Latin American countries that use inflation targeting
- Author(s):
- Libman, Emiliano
- Serie:
- Published in:
- CEPAL Review
- No.
- 125
- Date Issued:
- 2018-08-18
- Physical Description
- p. 29-44; grafs., tabls.
- UN symbol:
- handle
In recent decades, Latin American countries have adopted more flexible exchange-rate regimes and set inflation targets. Several authors argue that some countries’ monetary and exchange-rate policies suffer from a procyclical bias, whereby central banks are reluctant to reduce interest rates when in...
