<?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>1405-8421</journal-id>
<journal-title><![CDATA[Economía, sociedad y territorio]]></journal-title>
<abbrev-journal-title><![CDATA[Econ. soc. territ]]></abbrev-journal-title>
<issn>1405-8421</issn>
<publisher>
<publisher-name><![CDATA[El Colegio Mexiquense A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1405-84212018000100233</article-id>
<article-id pub-id-type="doi">10.22136/est20181058</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Efectos del traspaso inflacionario del tipo de cambio a la inflación: Canadá, Estados Unidos y México, 1990-2015]]></article-title>
<article-title xml:lang="en"><![CDATA[The pass-through effects from exchange rate to inflation: Canada, the United States, and Mexico, 1990-2015]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Perrotini-Hernández]]></surname>
<given-names><![CDATA[Ignacio]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ortiz-Zarco]]></surname>
<given-names><![CDATA[Ruth]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Nacional Autónoma de México  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>04</month>
<year>2018</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>04</month>
<year>2018</year>
</pub-date>
<volume>18</volume>
<numero>56</numero>
<fpage>233</fpage>
<lpage>258</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1405-84212018000100233&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1405-84212018000100233&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1405-84212018000100233&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen: Analizamos el traspaso de los movimientos del tipo de cambio a la inflación (pass-through) para las economías del Tratado de Libre Comercio de América del Norte (TLCAN). En la estimación econométrica exploramos empíricamente las relaciones de causalidad entre la tasa de interés y el tipo de cambio de Canadá, Estados Unidos y México, así como el papel del tipo de cambio en el marco de política monetaria de metas de inflación (PMMI) de las tres economías. Nuestros resultados revelan que en Canadá y Estados Unidos de América el efecto de traspaso inflacionario es irrelevante, mientras que en México ha disminuido, aunque aún es significativo.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract: In this paper the pass-through effects from exchange rate fluctuations to inflation in the North American Free Trade Agreement (NAFTA) economies are analyzed. In the econometric estimation, causality relations between the interest rate and the exchange rate are empirically assessed for the cases of Canada, The United States, and Mexico. Furthermore, the role of the exchange rate in the inflation targeting monetary policy framework of the NAFTA economies is dealt with. It is shown that both Canada and The United States face a negligible pass-through coefficient, while Mexico&#8217;s has declined along with inflation, although it remains positive.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Pass-through]]></kwd>
<kwd lng="en"><![CDATA[uncovered interest rate parity]]></kwd>
<kwd lng="en"><![CDATA[inflation targeting]]></kwd>
<kwd lng="es"><![CDATA[traspaso inflacionario]]></kwd>
<kwd lng="es"><![CDATA[paridad descubierta]]></kwd>
<kwd lng="es"><![CDATA[metas de inflación]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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