01585cas a2200241 a 4500 AALejournalIMF005719 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451839432 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Uruguay : Selected Issues. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (30 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper quantifies the importance of international food and oil price inflation for Uruguayan inflation. The paper employs the vector autoregressive (VAR) model and Phillips-curve estimations techniques to address these questions. Similar estimations are carried out for a broader set of emerging markets to put the Uruguayan results into an international context. The paper examines spillovers from commodity price increases to measures of core inflation, and reveals that world food prices have had a strong but stable impact on Uruguay's inflation. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/103 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/103/002.2009.issue-103-en.xml IMF e-Library