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¿Éxito o fracaso de metas explícitas de inflación?: Analizando la respuesta al repunte inflacionario de 2007-2008

Author

Listed:
  • Pablo Mendieta Ossio

    (Banco Central de Bolivia)

  • Dennise Martin Alarcón

    (Banco Central de Bolivia)

Abstract

A partir de 2007, el mundo experimentó un repunte de la inflación por el alza de los alimentos y combustibles. Este documento analiza empíricamente el desempeño de un conjunto seleccionado de países con y sin metas de inflación frente a este repunte controlado por factores específicos a cada país; y comprueba que aquellos que adoptaron el régimen de metas explícitas de inflación tuvieron alzas menores tanto en la inflación observada como en la inflación esperada, aunque no tuvieron la suficiente inmunidad como para evitar el alza de la inflación, probablemente debido a que el alza de la inflación redujo la credibilidad acumulada.

Suggested Citation

  • Pablo Mendieta Ossio & Dennise Martin Alarcón, 2010. "¿Éxito o fracaso de metas explícitas de inflación?: Analizando la respuesta al repunte inflacionario de 2007-2008," Revista de Análisis del BCB, Banco Central de Bolivia, vol. 13(1), pages 91-117, December.
    • Handle: RePEc:blv:journl:v:12:y:2010:i:1:p:91-117
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    More about this item

    Keywords

    metas de inflación; inflación internacional;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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