The Impact of the U.S. and Mexican Monetary Policy on Mexican GDP and Prices
Autor: | Mgr. Lorenzo Rodríguez Hernández |
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Rok: | 2015 - letní |
Vedoucí: | prof. Roman Horváth Ph.D. |
Konzultant: | |
Typ práce: | Diplomová MEF |
Jazyk: | Anglicky |
Stránky: | 82 |
Ocenění: | |
Odkaz: | https://is.cuni.cz/webapps/zzp/detail/151969/ |
Abstrakt: | The NAFTA agreement was signed in 1994 and with it came a financial liberalization for Mexico and a stronger relationship between Mexico and the U.S. making the Latin American country more sensitive to external shocks. This master thesis studies this relationship between the two countries and analyzes how the monetary policies of these two players affect Mexico, dividing the timeline and setting this event as a breaking point. Through an empirical analysis with a block restriction this research attempts to identify the reactions of the Mexican macroeconomic variables to the U.S. monetary policy shocks. |