On the real effects of inflation and inflation uncertainty in Mexico

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Financial liberalization, private investment and portfolio choice: Financialization of real sectors in emerging markets (2009, background): “…real exchange rate, inflation, etc.) are found to have economically and statistically significant investment and growth reducing effects (Driver and Moreton, 1991; Federer, 1993; Pindyck and Solimano, 1993; Ramey and Ramey, 1995; Serven, 1998; Aizenman and Marion, 1999; Grier and Grier, 2006).”