IDEAS home Printed from
   My bibliography  Save this paper

La Política Monetaria y el Corto en México


  • Alejandro Díaz-Bautista


  • Diego Prieto Seyffert


  • Luis Treviño Garza

    (Bank of Mexico)


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, EconWPA.
  • 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.

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Kenneth Bollen, 1996. "An alternative two stage least squares (2SLS) estimator for latent variable equations," Psychometrika, Springer;The Psychometric Society, vol. 61(1), pages 109-121, March.
    2. Frederic S. Mishkin & Adam S. Posen, 1997. "Inflation targeting: lessons from four countries," Economic Policy Review, Federal Reserve Bank of New York, issue 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, July.
    4. Sara Gabriela Castellanos, 2002. "El efecto del corto sobre la estructura de tasas de interés," Monetaria, Centro de Estudios Monetarios Latinoamericanos, vol. 0(2), pages 161-204, abril-jun.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Monetary Policy; Exchange rates; interest rates.;

    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

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpma:0402023. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.