Date of Award
2014-01-01
Degree Name
Master of Science
Department
Economics
Advisor(s)
William D. Smith
Abstract
An equation is estimated to model short-run price dynamics for Guatemala using ordinary least squares. The data range from 1960 to 2012. Due to the lack of complete data for interest rates, fitted values for the deposit rate are calculated using the discount rate. The aim is to measure how the consumer price index responds to changes in monetary base, real output, interest rates and exchange rates. All coefficients have their expected signs. With the exception of real output, the coefficients are found to be statistically significant at a 5% confidence level.
Language
en
Provenance
Received from ProQuest
Copyright Date
2014
File Size
24 pages
File Format
application/pdf
Rights Holder
Miguel R. Martinez
Recommended Citation
Martinez, Miguel R., "Short-run Price Dynamics in Guatemala" (2014). Open Access Theses & Dissertations. 1673.
https://scholarworks.utep.edu/open_etd/1673