Giambiagi, Fábio; Mathias, Alexandre; Velho, Eduardo - Instituto de Pesquisa Econômica Aplicada (IPEA), … - 2006
The inflation target regime has been criticized in Brazil since its adoption in 1999. However, in its eighth year, we believe that its benefits are bigger than its problems.Particularly, the criticism made to it during the first years, even being right in some cases under the initial...