| dc.creator | Machado, Vicente da Gama | |
| dc.creator | Portugal, Marcelo Savino | |
| dc.date | 2014-06-30 | |
| dc.date.accessioned | 2023-08-31T21:36:22Z | |
| dc.date.available | 2023-08-31T21:36:22Z | |
| dc.identifier | https://periodicos.fgv.br/rbe/article/view/7524 | |
| dc.identifier.uri | https://repositorioslatinoamericanos.uchile.cl/handle/2250/8559972 | |
| dc.description | We estimate inflation persistence in Brazil in a multivariate framework of unobserved components, accounting for the following sources affecting inflation persistence: Deviations of expectations from the actual policy target; persistence of the factors driving inflation; and the usual intrinsic measure of persistence, evaluated through lagged inflation terms. Data on inflation, output and interest rates are decomposed into unobserved components. To simplify the estimation of a great number of unknown variables, we employ Bayesian analysis. Our results indicate that expectations-based persistence matters considerably for inflation persistence in Brazil. | pt-BR |
| dc.format | application/pdf | |
| dc.language | por | |
| dc.publisher | EGV EPGE | pt-BR |
| dc.relation | https://periodicos.fgv.br/rbe/article/view/7524/25858 | |
| dc.source | Revista Brasileira de Economia; Vol. 68 No. 2 (2014): Abr-Jun; 225-241 | en-US |
| dc.source | Revista Brasileira de Economia; v. 68 n. 2 (2014): Abr-Jun; 225-241 | pt-BR |
| dc.source | 1806-9134 | |
| dc.source | 0034-7140 | |
| dc.subject | Inflation persistence | pt-BR |
| dc.subject | inflation expectations | pt-BR |
| dc.subject | Kalman filter | pt-BR |
| dc.subject | Bayesian analysis | pt-BR |
| dc.title | Measuring inflation persistence in Brazil using a multivariate model | pt-BR |
| dc.type | info:eu-repo/semantics/article | |
| dc.type | info:eu-repo/semantics/publishedVersion | |
| dc.type | Articles | en-US |
| dc.type | Artigos | pt-BR |
