An Evaluation of the tolerant to higher inflation rate in the short run by the Brazilian Central Bank in the period 2001-2012

dc.creatorMoreira, Tito Belchior Silva
dc.creatorSouza, Geraldo Silva
dc.creatorEllery, Roberto
dc.date2013-11-29
dc.date.accessioned2023-08-31T21:37:18Z
dc.date.available2023-08-31T21:37:18Z
dc.identifierhttps://periodicos.fgv.br/rbe/article/view/11443
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/8560078
dc.descriptionThis article investigates the degree of tolerance to higher inflation rates in the short run by the presidents of the Brazilian Central Bank in the period 2001-2012. We used monthly data and various specifications and estimates of the Taylor rule via GMM. In general, the results show the following empirical evidences: i) the mandate of Henrique Meirelles was less tolerant to higher inflation rates when comparing with the mandate of Armínio Fraga and ii) the Alexandre Tombini’s administration is more tolerant to higher inflation rate in the short run than Armínio Fraga’s.pt-BR
dc.formatapplication/pdf
dc.languagepor
dc.publisherEGV EPGEpt-BR
dc.relationhttps://periodicos.fgv.br/rbe/article/view/11443/12456
dc.sourceRevista Brasileira de Economia; Vol. 67 No. 4 (2013): Out-Dez; 485-500en-US
dc.sourceRevista Brasileira de Economia; v. 67 n. 4 (2013): Out-Dez; 485-500pt-BR
dc.source1806-9134
dc.source0034-7140
dc.subjectregra de Taylorpt-BR
dc.subjecttaxa de inflação de curto prazopt-BR
dc.subjectpolítica monetáriapt-BR
dc.subjectmetas inflacionárias.pt-BR
dc.titleAn Evaluation of the tolerant to higher inflation rate in the short run by the Brazilian Central Bank in the period 2001-2012pt-BR
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typeArticlesen-US
dc.typeArtigospt-BR


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