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Inflation Determinants in Paraguay : Cost Push versus Demand Pull Factors /

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 ci...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Monfort, Brieuc
Autor Corporativo: International Monetary Fund
Otros Autores: Peña, Santiago
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2008.
©2008
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Monfort, Brieuc. 
245 1 0 |a Inflation Determinants in Paraguay :  |b Cost Push versus Demand Pull Factors /  |c Monfort, Brieuc. 
260 |a Washington, D.C. :  |b International Monetary Fund,  |c 2008. 
264 4 |c ©2008 
300 |a 1 online resource (41 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
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490 1 |a IMF Working Papers 
500 |a Available in PDF, ePUB, and Mobi formats on the Internet. 
520 |a 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. 
505 0 |a 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. 
505 8 |a 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. 
504 |a Includes bibliographical references. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
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700 1 |a Peña, Santiago. 
710 2 |a International Monetary Fund. 
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830 0 |a IMF Working Papers. 
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