Publications

Are inflation forecasts rational? A discussion on the BCU Outlook Survey basis

The rational expectations hypothesis has represented a key methodological advance in the study of economic problems in which agents must predict unknown variables. Although...

The efficiency of monetary policy as a stabilization tool in Uruguay

"There is evidence that the level of activity and inflation in Uruguay have shown, in recent years, more stable than observed two decades ago....

Did Uruguay experience the Great Moderation ? A structural change analysis

This paper studies the evolution of product volatility and inflation in Uruguay between 1985 and 2009, with the aim of analyzing whether Uruguay is...

Are inflation forecasts rational? A discussion on the BCU Outlook Survey basis

The rational expectations hypothesis has represented a key methodological advance in the study of economic problems in which agents must predict unknown variables. Although...

The efficiency of monetary policy as a stabilization tool in Uruguay

"There is evidence that the level of activity and inflation in Uruguay have shown, in recent years, more stable than observed two decades ago....

Did Uruguay experience the Great Moderation ? A structural change analysis

This paper studies the evolution of product volatility and inflation in Uruguay between 1985 and 2009, with the aim of analyzing whether Uruguay is...
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