Inflation Target
Mostrando 13-24 de 32 artigos, teses e dissertações.
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13. Juros, câmbio e o sistema de metas de inflação no Brasil
Interest rate, exchange rate and the system of inflation target in Brazil. In the consensus view of the Brazilian system of inflation targeting, the core of inflation is due to demand shocks; the rate of interest is set to control demand; and some variation in the exchange rate happens as "collateral damage". In this note we argue that in reality core inflat
Brazilian Journal of Political Economy. Publicado em: 2010-03
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14. A política macroeconômica brasileira, e o seu impacto sobre a economia nacional
Este trabalho propõe uma análise sobre a política macroeconômica governamental brasileira desde o fim do regime militar até a atualidade. Em 2009, o Plano Real completou quinze anos, e, sob o ponto de vista do controle da inflação, pode ser considerado um sucesso. Já o crescimento econômico obtido pelo país no mesmo período é alvo de muitas crít
Publicado em: 2010
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15. / Taylor Principle And Inflation Stability In Emerging Market Countriesw
The goal of this paper is to evaluate the validity of the Taylor principle for inflation control in 12 developing countries that use inflation targeting regimes: Brazil, Chile, Colombia, Hungary, Israel, Mexico, Peru, Philippines, Poland, South Africa, Thailand and Turkey. The test is based on a state-space model to determine when each country has followed t
Publicado em: 26/08/2009
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16. MODELAGEM ESTATÃSTICA EM ALTA FREQUÃNCIA DA TAXA SELIC / STATISTICAL MODELING IN HIGH FREQUENCY RATE SELIC
At first, a brief discussion on monetary economy and the regimen of target for inflation in Brazil will be performed. This latter has been an important step towards stabilization in our country, as there was an annual average of inflation about 842% within a period immediately before the adoption of the target. Besides influencing in a positive manner the Ce
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 02/07/2009
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17. Metas de inflação, política monetária e investimento: um estudo para dezessete países
In this paper two hypotheses about the relationship between monetary policy and investment in the context of the inflation target system were tested. One of these hypotheses is based on the idea of neutrality of money, and the other hypothesis is based on the reject of that idea. An investment equation for seventeen economies using a piece-wise dummy variabl
Brazilian Journal of Political Economy. Publicado em: 2009-09
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18. Metas de inflação em perspectiva: a influência do trinômio reputação-credibilidade-transparência sobre a economia
Although inflation target regime seeks to serve as a reference for the expectation formation process of the agents, its implementation does not necessarily imply the acquisition or the best result in terms of economic growth. The present article aims the development of a model that explains, by firms' investment decisions, the product path behavior, undertak
Brazilian Journal of Political Economy. Publicado em: 2008-12
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19. Tests applied in macroeconomics: exchange rate expectations and inflation / Ensaios aplicados de macroeconomia: taxa de câmbio e expectativas de inflação
This doctoral thesis consists of three essays in applied macroeconomics. The first essay retakes the classic result of the article by Meese and Rogoff (1983), in which the authors found strong evidence that no structural model for the exchange rate surpasses the projections of a random walk model. In this first essay we compare the error of the projections f
Publicado em: 2008
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20. Metas de inflação em economias emergentes : uma avaliação empírica dos seus efeitos sobre o desempenho macroeconômico
As modificações geradas no âmbito das decisões de políticas econômicas nacionais das últimas décadas atentaram para o papel da estabilidade macroeconômica no desempenho das economias de mercado. O controle da inflação constitui-se no objetivo primordial das autoridades monetárias que, a partir dos anos 1990, encontraram na adoção de metas de in
Publicado em: 2008
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21. Investimento e expectativas de política monetária no contexto do regime de metas para a inflação
The main purpose of this dissertation was analyse the relation between monetary policy and investment in the context of the inflation target system taking into account the different theoretical paradigms emphasized by mainstream and post-keynesians approaches. An investment equation was estimated using the panel data methodology to seventeen countries that a
Publicado em: 2007
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22. CÃmbio e performance inflacionÃria em regimes de cÃmbio flexÃvel e metas de inflaÃÃo: uma investigaÃÃo para paÃses selecionados da AmÃrica Latina
The main goal of this dissertation is to analyze Latin American experiences with flexible exchange rate and inflation target in order to understand the behavior of the exchange rate and inflation in a model with monetary characteristics. The volatility analysis suggests an increase in exchange rate volatility (except for Colombia) and a decrease in inflation
Publicado em: 2007
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23. MONETARY POLICY AND INVESTMENT IN BRAZIL / POLÍTICA MONETÁRIA E INVESTIMENTO NO BRASIL
The objective of monetary policy under the inflation target regime is to keep inflation and output at levels that foster a stable economic environment. To reach its objective, the monetary authority uses a policy instrument (such as the overnight interest rate) to achieve the inflation and output targets through the transmission mechanism. However, the trans
Publicado em: 2007
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24. Regra de Taylor e a resposta da taxa de juros à inflação no Brasil / Taylor rule and the aswer of interest rates fron inflation in Brazil
The conduction of monetary policy is being described by recent literature through a forward-looking Taylor rule. In this context, what literature identifies as the Taylor Principle indicates that, for an efficient policy of inflation control, the coefficient of the response of nominal interest rates from the deviation of the inflation expectations in relatio
Publicado em: 2007