Showing 1 - 10 of 62
This Selected Issues paper analyzes pace of economic growth for Brazil. Moderating activity and stubbornly elevated … implementation of the infrastructure investment program, higher domestic saving, and structural reforms. …
Persistent link: https://www.econbiz.de/10011242465
, although it has slowed somewhat more recently. After a protracted period of weakness, investment has begun to recover in recent …
Persistent link: https://www.econbiz.de/10011244850
This paper assesses Brazil's growth performance from a long-term perspective, using crosscountry and panel estimation … macroeconomic stability and several reforms have helped raise per capita growth in Brazil since the mid-1990s. The results also show … interest rate-thus helping to foster investment and growth. …
Persistent link: https://www.econbiz.de/10005826652
results suggest that maintaining fiscal discipline while increasing public investment in Brazil is likely to ease real … spending playing a key role. To illustrate the importance of these findings, the paper focuses on the case of Brazil. Our …
Persistent link: https://www.econbiz.de/10010790305
This paper characterizes the term structure of Treasury bond yields for Brazil, and estimates a Nelson-Siegel Model to …
Persistent link: https://www.econbiz.de/10009147330
Intuitively core inflation is understood as a measure of inflation where noisy price movements are avoided. This is typically achieved by either excluding or downplaying the importance of the most volatile items. However, some of those items show high persistence, and one certainly does not want...
Persistent link: https://www.econbiz.de/10011144610
and income inequality in Brazil over the period 1995-2011. The results indicate that a tighter fiscal stance at the sub …
Persistent link: https://www.econbiz.de/10011123824
expectations to provide a comparison of inflation persistence in Brazil with a sample of inflation targeting (IT) countries. This … approach suggests that inflation persistence increased in Brazil through early 2013, in contrast to many of its IT peers …
Persistent link: https://www.econbiz.de/10011123875
Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...
Persistent link: https://www.econbiz.de/10011163120
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over the period 1980–2013, with a focus on the redistributive contribution of fiscal policy. Using instrumental variable techniques to deal with potential endogeneity, we...
Persistent link: https://www.econbiz.de/10011242236