Oreiro, José Luís; Passos, Marcelo - Departamento de Economia, Universidade Federal do Paraná - 2005
The objective of this article is to do a critical evaluation of the governance of monetary policy in Brazil, arguing … that the actual governance structure of monetary policy is not adequate for the operation of the inflation targeting regime … targets of monetary policy and the one responsible for the achievement of these targets; (ii) there is little, if any …