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Inflation targeting and the sacrifice ratio
(Fundação Getúlio Vargas, 2008)
In this paper we show that economies that adopted the inflation targeting (IT) regime have been able to "disinflate" less costly. The effect of IT on the sacrifice ratio is not only statistically significant, but also ...
Inflation Targeting Matters: Evidence from OECD Economies` Sacrifice Ratios
(WILEY-BLACKWELL PUBLISHING, INC, 2009)
Using data from OECD economies, we show that inflation targeters suffered smaller output losses during disinflations when compared to nontargeters. We also study why some countries choose to inflation target while others ...
Sacrifice Ratios and Inflation Targeting: The Role of Credibility
(Universidad de los Andes, Facultad de Economía, CEDE, 2012)
Two recent papers (Gonçalves and Carvalho, 2009; and Brito, 2010) hold contradictory views regarding the role of inflation targeting during periods of disinflation. The first paper claims that inflation targeting reduces ...
A new test for the success of inflation targeting
(Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003)
We propose a new test, derived from a set of variance decompositions of a structural VAR, for the success of inflation targeting. In contrast to standard sacrifice ratios this test considers changes in the structure of ...
Comparative Study Between Porcine Small Intestinal Submucosa and Buccal Mucosa in a Partial Urethra Substitution in Rabbits
(Mary Ann Liebert, Inc., 2012-05-01)
Purpose: Several urethral conditions may require tissue substitution. One collagen-base biomaterial that recently emerged as an option is small intestinal submucosa (SIS). The aim of this study was to compare the results ...
Comparative Study Between Porcine Small Intestinal Submucosa and Buccal Mucosa in a Partial Urethra Substitution in Rabbits
(Mary Ann Liebert, Inc., 2012-05-01)
Purpose: Several urethral conditions may require tissue substitution. One collagen-base biomaterial that recently emerged as an option is small intestinal submucosa (SIS). The aim of this study was to compare the results ...