<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0301-7036</journal-id>
<journal-title><![CDATA[Problemas del desarrollo]]></journal-title>
<abbrev-journal-title><![CDATA[Prob. Des]]></abbrev-journal-title>
<issn>0301-7036</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Instituto de Investigaciones Económicas]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0301-70362019000300113</article-id>
<article-id pub-id-type="doi">10.22201/iiec.20078951e.2019.198.64822</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Inflación e incertidumbre inflacionaria en países selectos de América Latina]]></article-title>
<article-title xml:lang="en"><![CDATA[Inflation and inflation uncertainty in selected Latin American countries]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Rosas Rojas]]></surname>
<given-names><![CDATA[Eduardo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma del Estado de México  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2019</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2019</year>
</pub-date>
<volume>50</volume>
<numero>198</numero>
<fpage>113</fpage>
<lpage>144</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0301-70362019000300113&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0301-70362019000300113&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0301-70362019000300113&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen La presente investigación estudia la relación de retroalimentación entre inflación e incertidumbre inflacionaria, respecto a seis economías latinoamericanas, durante el periodo 1960-2018. La incertidumbre se calculó utilizando la volatilidad condicional estimada de modelos GJR-GARCH-M. Como principales conclusiones se obtuvieron: cumplimiento de la hipótesis de Friedman-Ball para la mayoría de las economías; comprobación de la hipótesis de Cukierman-Meltzer para Bolivia, México y Paraguay; identificación de un mayor impacto de los choques positivos en la incertidumbre inflacionaria y, finalmente, gracias a la adopción del régimen de metas de inflación (MI), evidencia empírica de que la volatilidad disminuyó en las economías que implementaron dicho esquema.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This paper studies the feedback relation between inflation and inflation uncertainty in six Latin American economies during 1960-2018. Uncertainty was calculated using conditional volatility, estimated using GJR-GARCH-M models. The main conclusions are as follows: the majority of economies conformed to the Friedman-Ball hypothesis; the Cukierman-Meltzer hypothesis was corroborated in the cases of Bolivia, Mexico, Paraguay; positive shocks were found to have a significant impact on inflation uncertainty, and, thanks to the adoption of inflation targets (ITs) by governments, there was empirical evidence that volatility decreased in those economies which implemented ITs.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[inflación]]></kwd>
<kwd lng="es"><![CDATA[incertidumbre inflacionaria]]></kwd>
<kwd lng="es"><![CDATA[política monetaria]]></kwd>
<kwd lng="es"><![CDATA[agregado monetario M1]]></kwd>
<kwd lng="es"><![CDATA[modelos GARCH]]></kwd>
<kwd lng="es"><![CDATA[C22]]></kwd>
<kwd lng="es"><![CDATA[C51]]></kwd>
<kwd lng="es"><![CDATA[E31]]></kwd>
<kwd lng="es"><![CDATA[E]]></kwd>
<kwd lng="es"><![CDATA[52]]></kwd>
<kwd lng="es"><![CDATA[D81]]></kwd>
<kwd lng="en"><![CDATA[inflation]]></kwd>
<kwd lng="en"><![CDATA[inflation uncertainty]]></kwd>
<kwd lng="en"><![CDATA[monetary policy]]></kwd>
<kwd lng="en"><![CDATA[monetary aggregate M1]]></kwd>
<kwd lng="en"><![CDATA[GARCH models]]></kwd>
</kwd-group>
</article-meta>
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