A measure of core inflation for monetary policy proposals in Peru
Por José Guillermo Ferreyros Calderón; Francisco Grippa
December 2000
Idioma: Spanish
Resumen:
It highlights the role and involvement of the Central Reserve Bank in monetary stability. A model is applied to measure core inflation. An extension of the technique developed by Quah and Vahey is presented and applied to Peru to measure core inflation based on the hypothesis of long-run money neutrality.