Mexico: Selected Issues

October 25, 2001

Preview Citation

Format: Chicago

Mexico: Selected Issues, (USA: International Monetary Fund, 2001) accessed December 23, 2024

Summary

This paper focuses on the Mexican economy, its output fluctuations, and analyzes the country's external competitiveness in the context of medium-term external current account sustainability. The study also presents different measures of the fiscal deficit, including the traditional budget balance, and reviews measures on the fiscal stance and fiscal impulse. It examines the evolving relationship between inflation and the exchange rate, using fixed and time-varying coefficient models. The paper describes the methodology, provides the rationale for estimating time-varying parameter models, and presents the estimation results.

Subject: Balance of payments, Current account balance, Current account deficits, Fiscal policy, Fiscal stance, Output gap, Potential output, Production

Keywords: Core CPI inflation, CR, Current account, Current account balance, Current account balance, Current account deficits, Deficit, Fiscal stance, GDP, GDP ratio, Global, Inflation model, ISCR, Output gap, Potential GDP growth, Potential output

Publication Details

Pages:

91
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/191
Stock No:

1MEXEA0022001
ISBN:

9781451825572
ISSN:

1934-7685

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