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Persistencia de la Inflación en Uruguay

Author

Listed:
  • Elena Ganón Garayalde

    (Banco Central del Uruguay)

Abstract

In this paper, for the period 1939-2012, we analyze reduced measures of inflation persistence, also studied their evolution over time. As global inflation indicator used Consumer Price Index variations, also exclusion CPI are employed for core inflation analysis. The study takes into account the frequency of the series, the temporal aggregation shape and size of the mobile data window.Reduced measures considered are: autocorrelation function, the evolution of lag one autocorrelation and sum AR(p) coeficients among others.

Suggested Citation

  • Elena Ganón Garayalde, 2012. "Persistencia de la Inflación en Uruguay," Documentos de trabajo 2012013, Banco Central del Uruguay, revised 2013.
    • Handle: RePEc:bku:doctra:2012013
    as

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    File URL: https://www.bcu.gub.uy/Estadisticas-e-Indicadores/Documentos%20de%20Trabajo/13.2012.pdf
    File Function: First version, 2012
    Download Restriction: no
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    More about this item

    Keywords

    inflation persistence; reduced measures;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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