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• W1846982016 abstract "This paper studies the role of monetary and open economy indicators in inflation targeting (IT) economies through the analysis of a nested Phillips curve/ P-star model for Chile and Mexico. For Chile a real money gap and a money growth indicator are found to be relevant in predicting deviations of observed from target inflation. In contrast, for Mexico a real exchange rate gap, a standard measure of the real exchange rate, and a money growth indicator are consistently significant as predictors of deviations of actual from (i) expected (in the pre-IT period) and (ii) target inflation (in the post-IT span)." @default.
• W1846982016 created "2016-06-24" @default.
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• W1846982016 date "2002-01-01" @default.
• W1846982016 modified "2023-09-27" @default.
• W1846982016 title "Inflation targeting and monetary analysis in Chile and Mexico" @default.
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