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...

Полное описание

Библиографические подробности
Главный автор: Monfort, Brieuc
Другие авторы: Pena, Santiago
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2008.
Серии:IMF Working Papers; Working Paper ; No. 2008/270
Online-ссылка:Full text available on IMF
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245 1 0 |a Inflation Determinants in Paraguay :   |b Cost Push versus Demand Pull Factors /  |c Brieuc Monfort, Santiago Pena. 
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300 |a 1 online resource (41 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |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. 
538 |a Mode of access: Internet 
700 1 |a Pena, Santiago. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2008/270 
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