THE RELATIONSHIP BETWEEN INFLATION AND GASOLINE PRICES IN MEXICO
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Abstract
The aim of this study is to analyze the relationship between inflation and gasoline prices in Mexico, particularly in periods of high volatility. Markov regime-switching models are used to examine this relationship. Additionally, the implications of the results for national economic policy are discussed, concluding that subsidies provided by the federal government have a direct impact on containing general inflation, but the limitations of the study should be taken into account.
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References
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