Short-Run Price Movements in Ecuador
AbstractA theoretical model of inflationary dynamics in Ecuador is specified for the pre-dollarization period when the sucre was still the official currency. Parameter estimation is carried out using a battery of time series techniques. Monthly data from January 1964 to December 1994 are used in the empirical analysis. Variables shown to influence consumer price movements include the money supply, the exchange rate, and the implicit cost of holding idle cash balances.
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Bibliographic InfoPaper provided by EconWPA in its series Macroeconomics with number 0407028.
Length: 17 pages
Date of creation: 22 Jul 2004
Date of revision:
Note: Type of Document - doc; pages: 17
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Ecuador; Inflation; Time Series Analysis;
Find related papers by JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-07-26 (All new papers)
- NEP-LAM-2004-07-26 (Central & South America)
- NEP-MAC-2004-07-26 (Macroeconomics)
- NEP-MON-2004-07-26 (Monetary Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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