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Modeling the trend, persistence, and volatility of inflation in Pacific Alliance countries: an empirical application using a model with inflation bands
(Pontificia Universidad Católica del Perú. Departamento de Economía, 2024-02)
This paper estimates and analyzes the dynamics of trend inflation, as well as the persistence and
volatility of the inflation gap in the Pacific Alliance countries (Chile, Colombia, Mexico, and Peru). For this purpose, ...