<?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>1665-5346</journal-id>
<journal-title><![CDATA[Revista mexicana de economía y finanzas]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. mex. econ. finanz]]></abbrev-journal-title>
<issn>1665-5346</issn>
<publisher>
<publisher-name><![CDATA[Instituto Mexicano de Ejecutivos de Finanzas A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-53462018000400525</article-id>
<article-id pub-id-type="doi">10.21919/remef.v13i4.337</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Traspaso Depreciación-Inflación en México: Análisis de Precios al Consumidor y Productor]]></article-title>
<article-title xml:lang="en"><![CDATA[Pass-Through of Depreciation to Inflation in Mexico: An Analysis of the Consumer Price and Producer Price Indexes]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[González]]></surname>
<given-names><![CDATA[Jorge]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Saucedo]]></surname>
<given-names><![CDATA[Eduardo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Instituto Econofinanzas  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>México</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Tecnológico de Monterrey  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2018</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2018</year>
</pub-date>
<volume>13</volume>
<numero>4</numero>
<fpage>525</fpage>
<lpage>545</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462018000400525&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462018000400525&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462018000400525&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen En este trabajo se analizan los traspasos de movimientos del tipo de cambio a distintos índices de precios en México, con énfasis en las subdivisiones de precios al productor. Para las estimaciones se implementa un modelo VAR con frecuencia mensual de enero de 2004 a noviembre de 2016. Después se crean funciones de impulso respuesta las cuales ayudan a medir el impacto de shocks cambiarios en precios. Los resultados muestran que la elasticidad de traspaso es baja para los precios al consumidor y productor, pero se incrementan en el periodo más reciente. Los sectores de la minería y las manufacturas son los rubros que más reaccionan a cambios en el tipo de cambio. Se considera importante que el banco central supervise continuamente las industrias que tiene un mayor pass-through y verifique su efecto sobre los precios al consumidor. Este documento a diferencia de la mayoría también analiza los precios al productor. Los resultados concluyen que periodos largos de depreciación del peso mexicano, si logran afectar el nivel de precios de la economía.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This paper analyses the exchange rate pass-through to di&#64256;erent price indices in Mexico, placing emphasis on the producer prices subdivisions. A VAR model is implemented for the estimations, using a monthly frequency from January 2004 to November 2016. Subsequently, response impulse functions that help measure the impact of the exchange rate shocks on prices are created. The results show that the pass-through elasticity is low for the consumer and producer prices, but it increases in the most recent period. The mining and manufacturing sectors are the sectors that reacted the most to changes in the exchange rate. The fact that the central bank continuously supervises the industries with greater pass-through and verifies its e&#64256;ects on the consumer prices is considered significant. This paper, unlike most others, also analyses producer prices. The results conclude that long periods of depreciation of the Mexican peso do a&#64256;ect the price levels in the economy.]]></p></abstract>
<kwd-group>
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<kwd lng="es"><![CDATA[E58]]></kwd>
<kwd lng="es"><![CDATA[F30]]></kwd>
<kwd lng="es"><![CDATA[F31]]></kwd>
<kwd lng="es"><![CDATA[F41]]></kwd>
<kwd lng="es"><![CDATA[Inflación]]></kwd>
<kwd lng="es"><![CDATA[Precios al Consumidor]]></kwd>
<kwd lng="es"><![CDATA[Precios al Productor]]></kwd>
<kwd lng="es"><![CDATA[Tipo de Cambio]]></kwd>
<kwd lng="es"><![CDATA[Pass-Through]]></kwd>
<kwd lng="en"><![CDATA[E30]]></kwd>
<kwd lng="en"><![CDATA[E31]]></kwd>
<kwd lng="en"><![CDATA[E58]]></kwd>
<kwd lng="en"><![CDATA[F30]]></kwd>
<kwd lng="en"><![CDATA[F31]]></kwd>
<kwd lng="en"><![CDATA[F41]]></kwd>
<kwd lng="en"><![CDATA[Inflation]]></kwd>
<kwd lng="en"><![CDATA[Consumer Prices]]></kwd>
<kwd lng="en"><![CDATA[Producer Prices]]></kwd>
<kwd lng="en"><![CDATA[Exchange Rate]]></kwd>
<kwd lng="en"><![CDATA[Pass-Through]]></kwd>
</kwd-group>
</article-meta>
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