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Traspaso del tipo de cambio y metas de inflación en el Perú

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  • Winkelried, Diego

Abstract

Un fenómeno ampliamente documentado es la disminución del efecto traspaso del tipo de cambio a la inflación en la mayoría de países industrializados y en algunas economías emergentes. Una explicación macroeconómica, que ha ganado popularidad al explicar esta regularidad, es que una tasa de inflación baja y estable induce una disminución del efecto traspaso. Mediante el análisis de un modelo VAR estructural, este artículo presenta evidencia sobre una reducción similar del efecto traspaso en el Perú, hacia inicios de la década del 2000. Se argumenta que la adopción de un régimen creíble de inflación baja ha sido fundamental para reducir el traspaso del tipo de cambio.

Suggested Citation

  • Winkelried, Diego, 2012. "Traspaso del tipo de cambio y metas de inflación en el Perú," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 23, pages 9-24.
    • Handle: RePEc:rbp:esteco:ree-23-01
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    References listed on IDEAS

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    Cited by:

    1. Flavio Pérez Rojo & Gabriel Rodríguez, 2023. "Jane Haldimand Marcet: Impact of Monetary Policy Shocks in the Peruvian Economy Over Time," Documentos de Trabajo / Working Papers 2023-523, Departamento de Economía - Pontificia Universidad Católica del Perú.
    2. Hernández, María Florencia, 2023. "Análisis del pass-through del tipo de cambio a la inflación en Argentina (2003-2020): un enfoque empírico," Nülan. Deposited Documents 4016, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.

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    More about this item

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E47 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Forecasting and Simulation: Models and Applications
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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