<?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>S1665-53462023000400007</article-id>
<article-id pub-id-type="doi">10.21919/remef.v18i4.846</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Pass-through del tipo de cambio en América Latina]]></article-title>
<article-title xml:lang="en"><![CDATA[Exchange rate pass-through in Latin America]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Espinoza Ipanaque]]></surname>
<given-names><![CDATA[Paul Christian]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Continental  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2023</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2023</year>
</pub-date>
<volume>18</volume>
<numero>4</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462023000400007&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462023000400007&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462023000400007&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen En esta investigación se evalúa y compara la dinámica de traspaso del tipo de cambio a la variación de los precios al consumidor en Colombia, Chile, México y Perú desde febrero de 2003 hasta octubre de 2022. Se utiliza la metodología de vectores autorregresivos estructurales (SVAR, por su sigla en inglés) siguiendo la descomposición de Blanchard y Quah (1989). Los resultados muestran un nivel relativamente bajo de traspaso, cierta heterogeneidad en sus magnitudes y con un periodo similar mayor a 25 meses para alcanzar su efecto permanente de largo plazo. Esto nos indica que los bancos centrales de la región deben continuar operando dentro de rangos metas para fortalecer el anclaje de las expectativas de inflación. Una limitación del estudio es la no inclusión de datos antes de la adopción de metas de inflación. Este trabajo representa el primer esfuerzo en aplicar el modelo de vectores autorregresivos estructurales con restricciones de largo plazo a través de ceros robusto a las economías de América Latina. Los efectos del traspaso del tipo de cambio en América Latina se han reducido.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This research evaluates and compares the dynamics of the exchange rate pass-through to consumer prices in Colombia, Chile, Mexico, and Peru from February 2003 to October 2022. The structural vector autoregressive (SVAR) methodology is used following the decomposition of Blanchard and Quah (1989). The results show a relatively low level of transfer, some heterogeneity in its magnitudes and with a similar period of more than 25 months to achieve its permanent long-term effect. This tells us that the region's central banks must continue operating within target ranges to strengthen the anchoring of inflation expectations. A limitation of the study is the non-inclusion of data before the adoption of inflation targets. This work represents the first effort to apply the structural vector autoregressive model with long-term constraints through robust zeros to the economies of Latin America. The effects of exchange rate pass-through in Latin America have been reduced.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[C52]]></kwd>
<kwd lng="es"><![CDATA[E31]]></kwd>
<kwd lng="es"><![CDATA[E52]]></kwd>
<kwd lng="es"><![CDATA[F31]]></kwd>
<kwd lng="es"><![CDATA[efecto traspaso]]></kwd>
<kwd lng="es"><![CDATA[pass-through]]></kwd>
<kwd lng="es"><![CDATA[tipo de cambio]]></kwd>
<kwd lng="es"><![CDATA[precios al consumidor]]></kwd>
<kwd lng="es"><![CDATA[SVAR]]></kwd>
<kwd lng="es"><![CDATA[América Latina]]></kwd>
<kwd lng="en"><![CDATA[C52]]></kwd>
<kwd lng="en"><![CDATA[E31]]></kwd>
<kwd lng="en"><![CDATA[E52]]></kwd>
<kwd lng="en"><![CDATA[F31]]></kwd>
<kwd lng="en"><![CDATA[Pass-Through]]></kwd>
<kwd lng="en"><![CDATA[Exchange rate]]></kwd>
<kwd lng="en"><![CDATA[Consumer prices]]></kwd>
<kwd lng="en"><![CDATA[SVAR]]></kwd>
<kwd lng="en"><![CDATA[Latin America]]></kwd>
</kwd-group>
</article-meta>
</front><back>
<ref-list>
<ref id="B1">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Aiyash]]></surname>
<given-names><![CDATA[Eiman]]></given-names>
</name>
</person-group>
<source><![CDATA[Shocks pass-through to prices in U.S. and Canada: Evidence from oil and exchange rate markets]]></source>
<year>2018</year>
<publisher-name><![CDATA[Eastern Illinois University, Repositorio Institucional Eastern Illinois University]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B2">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Alonso]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Un análisis del traspaso del tipo de cambio: No linealidad y asimetría en México y Perú]]></article-title>
<source><![CDATA[Revista Estudios Económicos]]></source>
<year>2018</year>
<numero>35</numero>
<issue>35</issue>
<page-range>55-81</page-range><publisher-name><![CDATA[Banco Central de Reserva del Perú]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B3">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Amador]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Dos Santos]]></surname>
<given-names><![CDATA[E.]]></given-names>
</name>
<name>
<surname><![CDATA[Mauricio]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Esteban]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
<name>
<surname><![CDATA[Grippa]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Manías]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Posadas]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[¿Ha aumentado el pass-through de tipo de cambio en América Latina?]]></article-title>
<source><![CDATA[Observatorio Económico Latam]]></source>
<year>2015</year>
<publisher-name><![CDATA[BBVA research]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B4">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Angeles]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Córtes]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Sámano]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<source><![CDATA[Evolución y características del traspaso del tipo de cambio a precios en México]]></source>
<year>2019</year>
<publisher-name><![CDATA[Banco de México]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B5">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Arango]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Orraca]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Molina]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
</person-group>
<source><![CDATA[The influence of global inflation on emerging market economies inflation]]></source>
<year>2022</year>
<publisher-name><![CDATA[Banco de México]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B6">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Asafo]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Exchange rate pass-through to prices: bayesian VAR evidence for Ghana]]></article-title>
<source><![CDATA[Munich Personal Repec Archive]]></source>
<year>2019</year>
</nlm-citation>
</ref>
<ref id="B7">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bajraj]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
<name>
<surname><![CDATA[Carlomagno]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
<name>
<surname><![CDATA[Wlasiuk]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<source><![CDATA[Where is the inflation? The diverging patterns of prices of goods and services]]></source>
<year>2023</year>
<publisher-name><![CDATA[Banco Central de Chile]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B8">
<nlm-citation citation-type="">
<collab>Banco Central de Chile</collab>
<source><![CDATA[Dinámica y determinantes de la inflación en Chile]]></source>
<year>2020</year>
</nlm-citation>
</ref>
<ref id="B9">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Barberis]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Asimetrías del traspaso del tipo de cambio a precios: el caso argentino 2004-2019]]></article-title>
<source><![CDATA[Ensayos Económicos]]></source>
<year>2021</year>
<numero>76</numero>
<issue>76</issue>
</nlm-citation>
</ref>
<ref id="B10">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Blanchard]]></surname>
<given-names><![CDATA[O.]]></given-names>
</name>
<name>
<surname><![CDATA[Quah]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The dynamic effects of aggregate demand and supply disturbances]]></article-title>
<source><![CDATA[The American Economic Review]]></source>
<year>1989</year>
<volume>79</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>655-73</page-range></nlm-citation>
</ref>
<ref id="B11">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Binici]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Centorrino]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Cevik]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Gwon]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
</person-group>
<source><![CDATA[Change: the role of global and domestic factors in post-pandemic inflation in Europe]]></source>
<year>2022</year>
<publisher-name><![CDATA[International Monetary Fund]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B12">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Capistrán]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
<name>
<surname><![CDATA[Ibarra]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Ramos]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<source><![CDATA[El traspaso de movimientos del tipo de cambio a los precios: un análisis para la economía mexicana]]></source>
<year>2011</year>
<publisher-name><![CDATA[Banco de México]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B13">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Carrera]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<source><![CDATA[Tracking the Exchange rate management in Latin America]]></source>
<year>2014</year>
<publisher-name><![CDATA[Banco Central de Reserva del Perú]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B14">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Córtes]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Estimating the exchange rate pass-through to prices in Mexico]]></article-title>
<source><![CDATA[Monetaria]]></source>
<year>2013</year>
<volume>XXXV</volume>
<numero>13</numero>
<issue>13</issue>
</nlm-citation>
</ref>
<ref id="B15">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Froot]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
<name>
<surname><![CDATA[Klemperer]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Exchange Rate Pass-Through When Market Share Matters]]></article-title>
<source><![CDATA[The American Economic Review]]></source>
<year>1989</year>
<volume>79</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>637-54</page-range></nlm-citation>
</ref>
<ref id="B16">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hernández]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Revisión de algunas estimaciones recientes del traspaso del tipo de cambio a los precios en México]]></article-title>
<source><![CDATA[Ensayos sobre Política Económica]]></source>
<year>2015</year>
<numero>33</numero>
<issue>33</issue>
<page-range>190-6</page-range></nlm-citation>
</ref>
<ref id="B17">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Maertens]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Castillo]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Rodriguez]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Does the exchange rate pass-through into prices change when inflation targeting is adopted? The Peruvian case study between 1994 and 2007]]></article-title>
<source><![CDATA[Journal of Macroeconomics]]></source>
<year>2012</year>
<volume>34</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>1154-66</page-range></nlm-citation>
</ref>
<ref id="B18">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Matuka]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Exchange rate pass-through top rices: var evidence for Albania]]></article-title>
<source><![CDATA[International Journal of Business, Economics and Management]]></source>
<year>2019</year>
<volume>6</volume>
<numero>5</numero>
<issue>5</issue>
<page-range>303-15</page-range></nlm-citation>
</ref>
<ref id="B19">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Miller]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Estimación del pass-through del tipo de cambio a precios: 1995-2002]]></article-title>
<source><![CDATA[Revista Estudios Económicos]]></source>
<year>2003</year>
<numero>10</numero>
<issue>10</issue>
</nlm-citation>
</ref>
<ref id="B20">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Mikland]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
</person-group>
<source><![CDATA[El traspaso del tipo de cambio a la inflación de los precios al consumidor: un análisis para la economía haitiana (2010-2017)]]></source>
<year>2021</year>
<publisher-name><![CDATA[Universidad de Chile, Repositorio Académico de la Universidad de Chile]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B21">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Mujica]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Saens]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Traspaso de tipo de cambio y metas de inflación en Chile]]></article-title>
<source><![CDATA[Revista CEPAL]]></source>
<year>2015</year>
<numero>117</numero>
<issue>117</issue>
<page-range>145-55</page-range></nlm-citation>
</ref>
<ref id="B22">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Oktay]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Heterogeneity in the Exchange rate pass-through to consumer prices: the Swiss franc appreciation of 2015]]></article-title>
<source><![CDATA[Swiss Journal of Economics and Statistics]]></source>
<year>2022</year>
<volume>158</volume>
<numero>21</numero>
<issue>21</issue>
</nlm-citation>
</ref>
<ref id="B23">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Ozdogan]]></surname>
<given-names><![CDATA[Z.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[An analysis of Exchange rate pass-through to domestic prices: evidence from Turkey]]></article-title>
<source><![CDATA[Eurasian Journal of Business and Economics]]></source>
<year>2022</year>
<volume>15</volume>
<numero>29</numero>
<issue>29</issue>
<page-range>67-86</page-range></nlm-citation>
</ref>
<ref id="B24">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Parra]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<source><![CDATA[Sensibilidad del IPC a la tasa de cambio en Colombia: una medición de largo plazo]]></source>
<year>2008</year>
<publisher-loc><![CDATA[Colombia ]]></publisher-loc>
<publisher-name><![CDATA[Banco de la República]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B25">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Pérez]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Vega]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<source><![CDATA[Asymmetric Exchange rate pass-through: evidence from Peru]]></source>
<year>2015</year>
<publisher-name><![CDATA[Banco Central de Reserva del Perú]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B26">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Rincon]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
<name>
<surname><![CDATA[Rubiano]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Yaya]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Zárate]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
</person-group>
<source><![CDATA[Traspaso de la tasa de cambio a la inflación básica en Colombia: un análisis de parámetros cambiantes en el tiempo]]></source>
<year>2021</year>
<publisher-loc><![CDATA[Colombia ]]></publisher-loc>
<publisher-name><![CDATA[Banco de la República]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B27">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Rodríguez]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Hernández]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Vásquez Galán]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Efecto Pass-Through en México en condiciones de alta y baja volatilidad]]></article-title>
<source><![CDATA[Revista mexicana de economía y finanzas]]></source>
<year>2020</year>
<volume>15</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>57-80</page-range></nlm-citation>
</ref>
<ref id="B28">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Sansone]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Justel]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<source><![CDATA[Exchange rate pass-through top rices: var evidence for Chile]]></source>
<year>2015</year>
<publisher-name><![CDATA[Banco Central de Chile]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B29">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Saucedo]]></surname>
<given-names><![CDATA[E.]]></given-names>
</name>
<name>
<surname><![CDATA[Gonzalez]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Exchange rate pass-through top rices in Mexico: a study of the main border and non-border cities]]></article-title>
<source><![CDATA[Revista Mexicana de Economía y Finanzas, Nueva Época]]></source>
<year>2020</year>
<volume>16</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>1-24</page-range></nlm-citation>
</ref>
<ref id="B30">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Urdaneta]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<source><![CDATA[Pass-through cambiario de shocks locales y globales en la inflación: Evidencia de las Américas]]></source>
<year>2019</year>
<publisher-name><![CDATA[Pontificia Universidad de Católica de Chile, Biblioteca de la Pontifica Universidad Católica de Chile]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B31">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Winkelried]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<source><![CDATA[Exchange rate pass-through and inflation targeting in Peru]]></source>
<year>2011</year>
<publisher-name><![CDATA[Banco Central de Reserva del Perú]]></publisher-name>
</nlm-citation>
</ref>
</ref-list>
</back>
</article>
