Inflation dynamics: An econometric analysis of the Mexican heterodox adjustment
DOI:
https://doi.org/10.24201/ee.v8i2.286Keywords:
inflation, VAP, multivariate cointegrationAbstract
This paper examines the recent inflationary process in the Mexican economy using two complementary approaches that avoid (somewhat) the restrictions imposed by structural models. The first approach applies a vector autoregressive process, while the second applies multivariate cointegration.