2 options
Inflation Determinants in Paraguay : Cost Push versus Demand Pull Factors / Brieuc Monfort, Santiago Peña.
- Format:
- Book
- Government document
- Author/Creator:
- Monfort, Brieuc.
- Series:
- IMF Working Papers; Working Paper ; No. 2008/270
- IMF working paper ; WP/08/270
- IMF Working Papers
- Language:
- English
- Subjects (All):
- Inflation (Finance)--Paraguay--Econometric models.
- Inflation (Finance).
- Demand for money--Paraguay--Econometric models.
- Demand for money.
- Physical Description:
- 1 online resource (43 p.)
- Edition:
- 1st ed.
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2008.
- Language Note:
- English
- Summary:
- This article uses two analytical methodologies to understand the dynamics of inflation in Paraguay, the mark-up theory of inflation and the monetary theory of inflation. We also study the impact of different monetary aggregates. The results suggest that monetary factors, in particular currency in circulation, play a major role in determining long-run inflation, while foreign prices, in particular from Brazil, or some food products have a large impact on the short-term dynamics of inflation. Wage indexation may also contribute to locking up price increases.
- Contents:
- Contents; I. Introduction; II. Measuring Inflation; A. Headline Inflation; B. Core Inflation Measures; C. Properties of Inflation Indicators; III. Analytical and Empirical Set-Up; A. Inflation as a Mark-Up Over Costs; B. Inflation as the Result of Excess Money Supply; C. Econometric Methodology; IV. Mark-Up Theory of Inflation; V. Monetary Theory of Inflation; A. The Demand for Currency; B. The Demand for Narrow Money and Broad Money; C. Why Has Inflation and Picked Up with High Monetary Growth?; VI. Short-Term Determinants of Inflation; A. Short-Term Dynamics; B. Dynamic Contributions
- VII. Summary and ConclusionReferences; Annexes; I. Inflation in Selection of Latin American Countries Since 1950; II. Micro Level Analysis of Prices; III. The New Consumer Price Index; IV. Food Inflation in Latin America; V. Data Issues and Database Used in Econometric Analysis; VI. Econometric Results
- Notes:
- Description based upon print version of record.
- Includes bibliographical references.
- Description based on online resource; title from PDF front page (ebrary, viewed February 26, 2014).
- ISBN:
- 9786612842214
- 9781462396146
- 1462396143
- 9781452776316
- 1452776318
- 9781451871289
- 1451871287
- 9781282842212
- 1282842218
- OCLC:
- 815736767
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.