Dec 2018
Author(s): Lacambra Ayuso, Sergio; Suarez, Ginés; Esquivel, Maricarmen; Barandiarán, Melissa; Zuloaga, Daniela
The effects of climate change and disasters triggered by natural hazards pose a significant threat to sustainable development in the Latin America and Caribbean (LAC) region. According to the Bank’s…
Aug 2018
Author(s): López-Martín, Bernabé; Ramírez de Aguilar, Alberto; Samano, Daniel
We exploit a hidden Markov model where inflation is determined by government deficits financed through money creation and/or by destabilizing expectations dynamics (expectations can potentially…
Jul 2018
Author(s): Alonso, Pablo
The establishment of the inflation targeting regime in Paraguay is relatively recent, however, the results have been satisfactory. This is because based on the observed data, from the implementation…
Jul 2018
Author(s): Zárate, Héctor; Zapata-Sanabria, Daniel R.
The purpose of this paper is twofold. First, we evaluate the responses to the questions on inflation expectations in the World Economic Survey for sixteen inflation targeting countries. Second, we…
Jul 2018
Author(s): Castañeda-Fuentes, Juan Carlos; Valle-Samayoa, Héctor Augusto; Catalán-Herrera, Juan Carlos; Arriaza-Herrera, Juan Carlos; Gutiérrez-Morales, José; Castillo-Maldonado, Carlos Eduardo; Galindo-Gonzáles, Douglas Napoleón; Hurtarte-Aguilar, Guisela; Ortiz-Cardona, Edson Roger
Forecasting the inflation path is an important task for central banks in an inflation targeting regime. Therefore, central banks must continuously evaluate the forecasting accuracy of the models used…
Jun 2018
Author(s): Lacambra Ayuso, Sergio; Hori, Tsuneki; Visconti, Ernesto; Jaimes, Ivonne; Sanahuja, Haris; Torres, Ana María; Benjamin, Lisa
This document describes the general methodology of the Index of Governance and Public Policy in Disaster Risk Management (iGOPP) and presents the main concepts that support both disaster risk…
Jun 2018
Author(s): Garegnani, Lorena; Gómez Aguirre, Maximiliano
In 2016 the Central Bank of Argentina began to announce inflation targets. In this context, providing authorities with good estimates of relevant macroeconomic variables is crucial for making…
Jun 2018
Author(s): Fuertes, Alberto; Gimeno, Ricardo; Marqués, José Manuel
In this paper we estimate inflation expectations for several Latin American countries using an affine model that takes as factors the observed inflation and the parameters generated from zero-coupon…
Apr 2018
Author(s): Mora Barrenechea, Mauricio; Heredia Gómez, Juan Carlos; Zeballos Coria, David
This paper analyzes the time-varying degree of inflation expectations anchoring in Bolivia and, more precisely, whether inflation expectations have been in line with the inflation objectives…
Mar 2018
Author(s): Inter-American Development Bank (IDB)
The geographic location of the Latin America and the Caribbean region makes it susceptible to natural disasters, including hurricanes, landslides, droughts, and earthquakes. In 2017, Latin America…
Mar 2018
Author(s): Banco Interamericano de Desarrollo (BID)
La ubicación geográfica de la región de América Latina y el Caribe la vuelve susceptible a los desastres naturales, entre ellos los huracanes, los corrimientos de tierra, las sequías y los terremotos…
Dec 2017
Author(s): Lacambra Ayuso, Sergio; Hori, Tsuneki; Jaimes, Ivonne; Durán, Rolando; Torres, Ana María; Visconti, Ernesto; Noal, Débora
El Índice de Gobernabilidad y Políticas Públicas (iGOPP) en gestión del riesgo de desastres (GRD) ha sido diseñado para evaluar la existencia formal de un número de condiciones legales,…
Dec 2017
Author(s): Lacambra Ayuso, Sergio; Hori, Tsuneki; Garcia, Alvaro; Osorio, Claudio; Torres, Ana María; Visconti, Ernesto; Hraste, Mirka
La institucionalidad actualmente existente en Paraguay para la gestión del riesgo de desastres (GRD) se ha construido en base a un proceso de maduración y reflexión de una serie de emergencias y…
Dec 2017
Author(s): Lacambra Ayuso, Sergio; Guerrero Compeán, Roberto
Este estudio examina de manera empírica el efecto que tiene una mejora en las condiciones de la gobernabilidad en la gestión del riesgo sobre las pérdidas humanas ante la ocurrencia de un desastre.…
Nov 2017
Author(s): Sosa, Mariano; Powell, Andrew
The July 2017 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2017 for the eight countries covered by…
Jun 2017
Author(s): Sosa, Mariano; Powell, Andrew
The February 2017 surveys of expectations conducted by Central Banks in the region, simple average growth expectations for2017 for the eight countries covered by Revela fell by 0.1% from 2.4% to 2.3…
Feb 2017
Author(s): Lacambra Ayuso, Sergio; Hori, Tsuneki; Jaimes, Ivonne; Sanahuja, Haris; Torres, Ana María; Visconti, Ernesto; Novillo, Nathalia
El presente informe presenta los principales avances y retos pendientes del país a nivel de su gobernabilidad para la gestión del riesgo de desastres, medida a través del Índice de Gobernabilidad y…
Dec 2016
Author(s): Sosa, Mariano; Powell, Andrew
The October 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Dec 2016
Author(s): Sosa, Mariano; Powell, Andrew
The September 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered…
Nov 2016
Author(s): Sosa, Mariano; Powell, Andrew
The August 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…