05072oam 22012374 450 991097075150332120250426110146.0978661284221497814623961461462396143978145277631614527763189781451871289145187128797812828422121282842218(CKB)3170000000055165(EBL)1608110(SSID)ssj0000944145(PQKBManifestationID)11595731(PQKBTitleCode)TC0000944145(PQKBWorkID)10983808(PQKB)10141172(OCoLC)815736767(IMF)WPIEE2008270(MiAaPQ)EBC1608110(IMF)WPIEA2008270WPIEA2008270(EXLCZ)99317000000005516520020129d2008 uf 0engur|n|---|||||txtccrInflation Determinants in Paraguay : Cost Push versus Demand Pull Factors /Brieuc Monfort, Santiago Peña1st ed.Washington, D.C. :International Monetary Fund,2008.1 online resource (43 p.)IMF Working PapersIMF working paper ;WP/08/270Description based upon print version of record.9781451915815 1451915810 Includes bibliographical references.Contents; 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 ContributionsVII. 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 ResultsThis 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.IMF Working Papers; Working Paper ;No. 2008/270Inflation (Finance)ParaguayEconometric modelsDemand for moneyParaguayEconometric modelsConsumer price indexesimfCurrenciesimfCurrencyimfDeflationimfDemand for MoneyimfDemand for moneyimfExchange ratesimfForeign ExchangeimfForeign exchangeimfGovernment and the Monetary SystemimfInflationimfMacroeconomicsimfMonetary economicsimfMonetary SystemsimfMoney and Monetary PolicyimfMoneyimfPayment SystemsimfPrice indexesimfPrice LevelimfPricesimfRegimesimfStandardsimfBrazilimfInflation (Finance)Econometric models.Demand for moneyEconometric models.Consumer price indexesCurrenciesCurrencyDeflationDemand for MoneyDemand for moneyExchange ratesForeign ExchangeForeign exchangeGovernment and the Monetary SystemInflationMacroeconomicsMonetary economicsMonetary SystemsMoney and Monetary PolicyMoneyPayment SystemsPrice indexesPrice LevelPricesRegimesStandards332.41Monfort Brieuc1815917Peña Santiago1816352DcWaIMFBOOK9910970751503321Inflation Determinants in Paraguay4372377UNINA