What is the Mexican Central Bank aiming at?



Título del documento: What is the Mexican Central Bank aiming at?
Revista: Análisis económico - Universidad Autónoma Metropolitana
Base de datos: CLASE
Número de sistema: 000341278
ISSN: 0185-3937
Autors: 1
Institucions: 1Instituto Tecnológico y de Estudios Superiores de Monterrey, México, Distrito Federal. México
Any:
Període: Ene-Abr
Volum: 26
Número: 61
Paginació: 105-115
País: México
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Analítico, descriptivo
Resumen en inglés The Consumer Price Index (CPI) is a Laspeyres index with a plutocratic method. This paper has three purposes. The first one is to assemble a democratic CPI. The second purpose is to construct an alternative index using the median of the expenditure distribution. The third one is to compile price indexes for each one of the ten expenditure deciles. The concern about the use of a single price measurement has policy implications. Also, the empirical results are analyzed in terms of the political economy of price measurement and in terms of the history of the monetary policy
Disciplines Economía
Paraules clau: Econometría,
Economía política,
Precios,
Banca,
Indice de precios al consumidor,
Política monetaria,
Banco de México,
México
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