Uruguay : Selected Issues

1URYEA2009001 Image
Price:  $18.00

Release Date: © March, 2009
ISBN : 978-1-45183-943-2
Stock #: 1URYEA2009001
English
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
ePubYes
MobipocketYes

Description

This Selected Issues paper quantifies the importance of international food and oil price inflation for Uruguayan inflation. The paper employs the vector autoregressive (VAR) model and Phillips-curve estimations techniques to address these questions. Similar estimations are carried out for a broader set of emerging markets to put the Uruguayan results into an international context. The paper examines spillovers from commodity price increases to measures of core inflation, and reveals that world food prices have had a strong but stable impact on Uruguay’s inflation.

Taxonomy

Economic policy , Inflation , Monetary policy




More publications in this series: IMF Staff Country Reports