TY - BOOK ID - 11262319 TI - Inflation Determinants in Paraguay : Cost Push versus Demand Pull Factors AU - Monfort, Brieuc. AU - Peña, Santiago. PY - 2008 VL - WP/08/270 SN - 1451915810 1462396143 1282842218 1451871287 9786612842214 1452776318 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Inflation (Finance) KW - Demand for money KW - Econometric models. KW - Liquidity preference KW - Money KW - Money supply KW - Finance KW - Natural rate of unemployment KW - Foreign Exchange KW - Inflation KW - Macroeconomics KW - Money and Monetary Policy KW - Price Level KW - Deflation KW - Monetary Systems KW - Standards KW - Regimes KW - Government and the Monetary System KW - Payment Systems KW - Demand for Money KW - Monetary economics KW - Currency KW - Foreign exchange KW - Currencies KW - Consumer price indexes KW - Exchange rates KW - Prices KW - Price indexes KW - Brazil UR - https://www.unicat.be/uniCat?func=search&query=sysid:11262319 AB - This article uses two analytical methodologies to understand the dynamics of inflation in Paraguay, the mark-up theory of inflation and the monetary theory of inflation. We also study the impact of different monetary aggregates. The results suggest that monetary factors, in particular currency in circulation, play a major role in determining long-run inflation, while foreign prices, in particular from Brazil, or some food products have a large impact on the short-term dynamics of inflation. Wage indexation may also contribute to locking up price increases. ER -