<?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>1870-6622</journal-id>
<journal-title><![CDATA[EconoQuantum]]></journal-title>
<abbrev-journal-title><![CDATA[EconoQuantum]]></abbrev-journal-title>
<issn>1870-6622</issn>
<publisher>
<publisher-name><![CDATA[Universidad de Guadalajara]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1870-66222020000100047</article-id>
<article-id pub-id-type="doi">10.18381/eq.v17i1.7152</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Estimación de la tasa de sacrificio para México, 1998Q1-2018Q4]]></article-title>
<article-title xml:lang="en"><![CDATA[Estimation for México&#8217;s sacrifice ratio, 1998Q1-2018Q4]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Loría]]></surname>
<given-names><![CDATA[Eduardo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Tirado]]></surname>
<given-names><![CDATA[Raúl]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Valdez]]></surname>
<given-names><![CDATA[Javier]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Nacional Autónoma de México Facultad de Economía Centro de Modelística y Pronósticos Económicos]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2020</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2020</year>
</pub-date>
<volume>17</volume>
<numero>1</numero>
<fpage>47</fpage>
<lpage>67</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1870-66222020000100047&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1870-66222020000100047&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1870-66222020000100047&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen: Romer y Romer (1989) demostraron, para Estados Unidos, que la política monetaria es exitosa en reducir la inflación solo si es capaz de generar recesión económica. Si esto es cierto, la política desinflacionaria que ha aplicado el Banco de México tiene un costo en producto y empleo, por lo que no es socialmente neutral. Con una curva de Phillips Aceleracionista con brecha de desempleo, calculamos la tasa de sacrificio en México (2002Q1-2018Q4) y encontramos que la brecha de desempleo necesaria para reducir en un punto la inflación es de 2.525 puntos porcentuales. Mostramos que esta curva de Phillips es lineal y no presenta cambios estructurales y sugerimos que desde que se abandonó &#8220;el corto&#8221; en 2008 la política monetaria ha ganado eficiencia, y que la pérdida de empleo que genera es transitoria porque la economía no ha salido de su trayectoria de equilibrio de mediano plazo.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract: Romer and Romer (1989) demonstrated for the United States that monetary policy is capable of reducing inflation only by generating economic recession. So, the disinflationary policy applied by the Banco de Mexico has a cost in output and employment, thus, is not socially neutral. With an Accelerationist Phillips Curve in terms of the unemployment gap, we calculated the sacrifice ratio for Mexico (2002Q1-2018Q4) and found that the unemployment gap needed to reduce inflation by one point is 2.525 percentage points. We proved that this Phillips Curve is linear and does not have structural changes. We suggest that, since &#8220;el corto&#8221; was abandoned in 2008, monetary policy has gained efficiency. Moreover, the loss of employment generated is transitory because the economy does not shift from its medium-term equilibrium.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Tasa de sacrificio]]></kwd>
<kwd lng="es"><![CDATA[política desinflacionaria]]></kwd>
<kwd lng="es"><![CDATA[Curva de Phillips Neokeyenesiana Aceleracionista]]></kwd>
<kwd lng="es"><![CDATA[C5]]></kwd>
<kwd lng="es"><![CDATA[E31]]></kwd>
<kwd lng="es"><![CDATA[E43]]></kwd>
<kwd lng="es"><![CDATA[E52]]></kwd>
<kwd lng="en"><![CDATA[Sacrifice ratio]]></kwd>
<kwd lng="en"><![CDATA[disinflationary policy]]></kwd>
<kwd lng="en"><![CDATA[Neo-Keynesian Accelerationist Phillips Curve]]></kwd>
<kwd lng="en"><![CDATA[C5]]></kwd>
<kwd lng="en"><![CDATA[E31]]></kwd>
<kwd lng="en"><![CDATA[E43]]></kwd>
<kwd lng="en"><![CDATA[E52]]></kwd>
</kwd-group>
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