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La Política Monetaria y el Corto en México

Author

Listed:
  • Alejandro Díaz-Bautista

    (COLEF)

  • Diego Prieto Seyffert

    (INVEX)

  • Luis Treviño Garza

    (Bank of Mexico)

Abstract

El corto es un instrumento de política monetaria que utiliza el Banco de México para abatir la inflación. El corto ha sido un instrumento muy útil para Banco de México en la conducción de la política monetaria, porque ha permitido que los choques a los mercados se distribuyan y se absorban mediante movimientos tanto en las tasas de interés de corto plazo como movimientos en el tipo de cambio. Los resultados muestran que la tasa de interés de corto plazo y el dólar si tienen cierta relación con la política monetaria restrictiva aplicada en México para el período de enero de 1998 a enero de 2003. The study measures the effects of Monetary Policy in Mexico on the interest rate and exchange rate during the period of 1998 to 2003.

Suggested Citation

  • Alejandro Díaz-Bautista & Diego Prieto Seyffert & Luis Treviño Garza, 2004. "La Política Monetaria y el Corto en México," Macroeconomics 0402023, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpma:0402023
    Note: Type of Document - pdf; prepared on win98; pages: 19. Published in revista Economia Informa, UNAM, number 319, september 2003, pp. 56-64.
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0402/0402023.pdf
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    References listed on IDEAS

    as
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    2. Frederic S. Mishkin & Adam S. Posen, 1997. "Inflation targeting: lessons from four countries," Economic Policy Review, Federal Reserve Bank of New York, vol. 3(Aug), pages 9-110.
    3. Alan S. Blinder, 1999. "Central Banking in Theory and Practice," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262522608, December.
    4. Sara Gabriela Castellanos, 2002. "El efecto del corto sobre la estructura de tasas de interés," Monetaria, CEMLA, vol. 0(2), pages 161-204, abril-jun.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Monetary Policy; Exchange rates; interest rates.;
    All these keywords.

    JEL classification:

    • E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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