<?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>2395-8715</journal-id>
<journal-title><![CDATA[Revista de economía]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. econ.]]></abbrev-journal-title>
<issn>2395-8715</issn>
<publisher>
<publisher-name><![CDATA[Facultad de Economía, Universidad Autónoma de Yucatán]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2395-87152020000100081</article-id>
<article-id pub-id-type="doi">10.33937/reveco.2020.130</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Las metas de inflación y su impacto en la incertidumbre inflacionaria: evidencia empírica para América Latina y el Sudeste Asiático]]></article-title>
<article-title xml:lang="en"><![CDATA[Inflation targeting and their impact on inflation uncertainty: empirical evidence for Latin America and Southeast Asia]]></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 contrib-type="author">
<name>
<surname><![CDATA[Baltazar Escalona]]></surname>
<given-names><![CDATA[Juan Carlos]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Lapa Guzmán]]></surname>
<given-names><![CDATA[Javier]]></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[Valle de México ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad Autónoma del Estado de México  ]]></institution>
<addr-line><![CDATA[Valle de México ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af3">
<institution><![CDATA[,Universidad Autónoma del Estado de México  ]]></institution>
<addr-line><![CDATA[Valle de México ]]></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>37</volume>
<numero>94</numero>
<fpage>81</fpage>
<lpage>105</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S2395-87152020000100081&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S2395-87152020000100081&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S2395-87152020000100081&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Se estudia la relación de retroalimentación entre la inflación y la incertidumbre inflacionaria; además, se estiman los efectos asimétricos que presentan las buenas y malas noticias en la determinación de la varianza condicional de la inflación; así como el impacto que ha tenido la adopción del régimen de metas de inflación (MI) en atenuar la incertidumbre inflacionaria. Para este propósito la investigación se enfoca en dos grupos de economías: i) la región latinoaméricana (Colombia, México, Perú y Uruguay) y la región del Sudeste Asiático (Corea del Sur, Filipinas, Indonesia y Tailandia). La metodología econométrica plantea un esquema SARIMA(p,d,q) (P,D,Q)_S- GJRGARCH(p,q)-M. La evidencia empírica muestra el cumplimiento de la hipótesis de Cukierman y Meltzer para México, Perú, Uruguay, Corea del Sur, Filipinas, Indonesia y Tailandia; en tanto que el cumplimiento de la hipótesis de Friedman y Ball se presenta en Colombia, México, Perú, Uruguay, Filipinas y Tailandia. Finalmente, se identificó que después de la adopción del régimen de MI la persistencia de la incertidumbre inflacionaria ha disminuido en todas las economías analizadas; pero con mejores resultados para las economías asiáticas en los principales agregados macroeconómicos.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract The feedback relationship between inflation and inflation uncertainty was studied; in addition, the asymmetric effects of good and bad news in determining the conditional variance of inflation were estimated; as well as the impact that the adoption of Inflation Targeting (IT) regime has had on mitigating inflation uncertainty. For this purpose, the research focused on two groups of economies: i) the Latin American region (Colombia, Mexico, Peru and Uruguay); and the Southeast Asian region (South Korea, the Philippines, Indonesia and Thailand). The econometric methodology proposes a SARIMA scheme SARIMA(p,d,q) (P,D,Q)_S-GJRGARCH(p,q)-M. Empirical evidence shows compliance with the Cukierman and Meltzer hypothesis for Mexico, Peru, Uruguay, South Korea, the Philippines, Indonesia and Thailand; while, compliance with the Friedman and Ball hypothesis is presented in Colombia, Mexico, Peru, Uruguay, the Philippines and Thailand. Finally, it was identified that after the adoption of the IT regime the persistence of inflationary uncertainty has decreased in all the economies analyzed; but with better results for Asian economies in the main macroeconomic aggregates.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[metas de inflación]]></kwd>
<kwd lng="es"><![CDATA[incertidumbre inflacionaria]]></kwd>
<kwd lng="es"><![CDATA[modelos de volatilidad condicional autorregresiva]]></kwd>
<kwd lng="en"><![CDATA[inflation targeting]]></kwd>
<kwd lng="en"><![CDATA[inflation uncertainty]]></kwd>
<kwd lng="en"><![CDATA[autoregressive conditional volatility models]]></kwd>
<kwd lng="es"><![CDATA[C22]]></kwd>
<kwd lng="es"><![CDATA[C51]]></kwd>
<kwd lng="es"><![CDATA[E31]]></kwd>
<kwd lng="es"><![CDATA[D81]]></kwd>
<kwd lng="en"><![CDATA[C22]]></kwd>
<kwd lng="en"><![CDATA[C51]]></kwd>
<kwd lng="en"><![CDATA[E31]]></kwd>
<kwd lng="en"><![CDATA[D81]]></kwd>
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</article-meta>
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