Monetary Policy and the Propagation of Shocks Under Imperfect Exchange-Rate Pass-Through
When the Mexican Crisis of 1994 occurred, the Central Bank of Mexico was forced to abandon its fixed exchange rate system. Since then, monetary policy has been moving toward an inflation targeting regime, which finally became the operational monetary framework in 2001. Moreover, Calvo and Reinhart...
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| Format: | Article |
| Language: | English |
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Universidad Iberoamericana
2017-01-01
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| Series: | Sobre México |
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| Online Access: | https://sobremexico-revista.ibero.mx/index.php/Revista_Sobre_Mexico/article/view/28 |