Buscar
Mostrando ítems 1-10 de 21
Where did inflation targeting matter?
(2018-10)
We investigate the effects of inflation targeting (IT) adoption on industrial economies by comparing each inflation targeter country (ITer) with its synthetic control, defined as the convex combination of non-IT countries ...
Keynes as the "father" of inflation targeting
(FGV IBRE, 2013-03)
Taylor principle and inflation stability in emerging market countriesw
(2009-08-26)
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, ...
A structuralist Philips curve
(2011-10)
This paper presents a structuralist model of the Philips curve and applies it to the US and Brazilian economies. The theoretical model starts from a simple markup rule to build a Philips curve based on the assumptions that ...
Inflation targeting, credibility and coordination aspects
(Fundação Getulio Vargas. Escola de Pós-graduação em Economia., 2007-02-09)
There are plenty of economic studies pointing out some requirements, like the inexistence of fiscal dominance, for inflation targeting framework be implemented in successful (credible) way. Essays on how public targets ...
Inflation bias in Latin America
(2016)
This paper accesses the presence of inflation bias in major Latin American Economies over the past decade. Using a small-scale New Keynesian DSGE model and Bayesian Techniques, the time-varying neutral rate of interest is ...
Measuring core inflation as the common trend of prices
(Escola de Pós-Graduação em Economia da FGV, 2000-10-26)
In recent years, many central banks have adopted inflation targeting policies starting an intense debate about which measure of inflation to adopt. The literature on core inflation has tried to develop indicators of inflation ...
Optimal rules for monetary policy in Brazil
(Escola de Pós-Graduação em Economia da FGV, 2000-06-01)
This paper presents optimal rules for monetary policy in Brazil derived from a backward looking expectation model consisting of a Keynesian IS function and an Augmented Phillips Curve (ISAS). The IS function displays'a ...
How though should you be inflation targeting, fiscal and multiple equilibria
(Escola de Pós-Graduação em Economia da FGV, 2002-08-28)
Inflation targeting in Brazil: a Keynesian approach
(2008-10-16)
O Regime de Meta de Inflação se Tornou Dominante na Formulação de Políticas dos Bancos Centrais nos Últimos 15 Anos. a Teoria Subjacente, Particularmente a Regra de Taylor, Pode ser Vista como uma Competente Generalização ...