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IMF Working Papers
Inflation Determinants in Paraguay : Cost Push versus Demand Pull Factors
2008
INTERNATIONAL MONETARY FUND

This 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, whi...

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IMF Working Papers
Inflation Determinants in Paraguay : Cost Push versus Demand Pull Factors
2008
INTERNATIONAL MONETARY FUND

This 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, whi...

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IMF Working Papers
Inflation Determinants in Paraguay : Cost Push versus Demand Pull Factors
2008
INTERNATIONAL MONETARY FUND

This 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, whi...

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