{"id":"https://openalex.org/W2236033882","doi":null,"title":"Monetary policy and the transmission mechanism in Mexico","display_name":"Monetary policy and the transmission mechanism in Mexico","publication_year":2001,"publication_date":"2001-01-01","ids":{"openalex":"https://openalex.org/W2236033882","mag":"2236033882"},"language":"en","primary_location":{"id":"mag:2236033882","doi":null,"is_oa":false,"landing_page_url":"https://www.bis.org/publ/bppdf/bispap08h.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},"volume":null,"type":"preprint","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5054553316","display_name":"Lorenza Mart\u0131\u0301nez","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Lorenza Mart\u0131\u0301nez","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":null,"display_name":"\u00d3scar J. Mesa","orcid":"https://orcid.org/0000-0001-8717-3489","observed_orcids":["https://orcid.org/0000-0001-8717-3489"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"\u00d3scar J. Mesa","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-8717-3489","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5051457271","display_name":"Alejandro Mariano Werner","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Alejandro Werner","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":"08","issue":null,"first_page":"175","last_page":"209"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":0.8679999709129333},{"id":"https://openalex.org/keywords/monetary-policy-transmission","display_name":"monetary policy transmission","score":0.7310000061988831},{"id":"https://openalex.org/keywords/mexico","display_name":"Mexico","score":0.44699999690055847},{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.6639999747276306},{"id":"https://openalex.org/keywords/central-bank-discretion","display_name":"central bank discretion","score":0.718999981880188},{"id":"https://openalex.org/keywords/real-interest-rates","display_name":"real interest rates","score":0.746999979019165},{"id":"https://openalex.org/keywords/aggregate-demand","display_name":"aggregate demand","score":0.9330000281333923},{"id":"https://openalex.org/keywords/credit","display_name":"credit","score":0.8130000233650208},{"id":"https://openalex.org/keywords/exchange-rate-channel","display_name":"exchange rate channel","score":0.5770000219345093},{"id":"https://openalex.org/keywords/monetary-policy-effectiveness","display_name":"monetary policy effectiveness","score":0.7400000095367432}],"concepts":[{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.8989067077636719},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7409602403640747},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.6657482385635376},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6522727608680725},{"id":"https://openalex.org/C88583849","wikidata":"https://www.wikidata.org/wiki/Q5183768","display_name":"Credit channel","level":4,"score":0.6475977897644043},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.6113837957382202},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.5364234447479248},{"id":"https://openalex.org/C509613553","wikidata":"https://www.wikidata.org/wiki/Q16191828","display_name":"Monetary hegemony","level":3,"score":0.48236221075057983},{"id":"https://openalex.org/C203379541","wikidata":"https://www.wikidata.org/wiki/Q1801078","display_name":"Aggregate demand","level":3,"score":0.44403076171875},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.4315769374370575},{"id":"https://openalex.org/C13309458","wikidata":"https://www.wikidata.org/wiki/Q593105","display_name":"Monetary base","level":3,"score":0.4302130341529846},{"id":"https://openalex.org/C158154518","wikidata":"https://www.wikidata.org/wiki/Q7310970","display_name":"Relevance (law)","level":2,"score":0.42925602197647095},{"id":"https://openalex.org/C2776229907","wikidata":"https://www.wikidata.org/wiki/Q17148239","display_name":"Interest rate channel","level":5,"score":0.42712879180908203},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.40349867939949036},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.05997571349143982},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"mag:2236033882","doi":null,"is_oa":false,"landing_page_url":"https://www.bis.org/publ/bppdf/bispap08h.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"mag:3121236523","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/h/bis/bisbpc/08-08.html","pdf_url":null,"source":{"id":"https://openalex.org/S4306504462","display_name":"BIS Papers chapters","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"BIS Papers chapters","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.41999998688697815}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W121705103","https://openalex.org/W1505856179","https://openalex.org/W1532877500","https://openalex.org/W1601670543","https://openalex.org/W1606318936","https://openalex.org/W1634358867","https://openalex.org/W1933529014","https://openalex.org/W1994121926","https://openalex.org/W2052237872","https://openalex.org/W2120405033","https://openalex.org/W2149987483","https://openalex.org/W2331077302","https://openalex.org/W2753199792","https://openalex.org/W3123285923","https://openalex.org/W3125580691","https://openalex.org/W3154697897"],"related_works":["https://openalex.org/W7097747761","https://openalex.org/W212290075","https://openalex.org/W1963384469","https://openalex.org/W1481146832","https://openalex.org/W7096004993","https://openalex.org/W2105531943","https://openalex.org/W2335833930","https://openalex.org/W1523605738","https://openalex.org/W1877053148","https://openalex.org/W2621778660"],"abstract_inverted_index":{"This":[0,32],"paper":[1],"describes":[2],"the":[3,14,17,67,70,75,85,98,106,109,117,122],"evolution":[4],"of":[5,19,28,43,69,72,77,87,108,125],"monetary":[6,22,44,73,88],"policy":[7,23,82,89],"implementation":[8,71],"in":[9,26,39,90,139],"Mexico":[10],"from":[11],"1995":[12],"to":[13],"present.":[15],"At":[16],"beginning":[18],"this":[20,131],"period,":[21],"was":[24],"set":[25],"terms":[27],"a":[29,81,94,140],"quantitative":[30],"target.":[31],"framework":[33],"then":[34],"gradually":[35],"evolved":[36],"into":[37],"one":[38],"which":[40],"discretionary":[41,123],"actions":[42,124],"policy,":[45],"aimed":[46],"at":[47],"reaching":[48],"an":[49],"inflation":[50,92],"target,":[51],"took":[52],"on":[53],"greater":[54],"relevance.":[55],"Additionally,":[56],"we":[57],"analyse":[58],"two":[59],"issues":[60],"that":[61,105,120,130],"have":[62],"recently":[63],"generated":[64],"doubts":[65],"about":[66],"effectiveness":[68,86],"policy:":[74],"use":[76],"borrowed":[78],"reserves":[79],"as":[80],"instrument":[83],"and":[84,129,137],"affecting":[91],"by":[93,116],"channel":[95],"other":[96],"than":[97],"exchange":[99],"rate.":[100],"The":[101],"main":[102],"results":[103],"indicate":[104],"behaviour":[107],"real":[110],"interest":[111],"rate":[112,132],"has":[113,133],"been":[114],"determined":[115],"traditional":[118],"variables":[119],"guide":[121],"any":[126],"central":[127],"bank":[128],"affected":[134],"aggregate":[135],"demand":[136],"credit":[138],"statistically":[141],"significant":[142],"way.":[143]},"counts_by_year":[{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}
