A contribution to the debate on the efficacy of monetary policy and some implications in the case of Brazil. The main … payments crisis Brazil because of its deleterious impact on investment and growth. (Rev Econ Polit/GIGA) …

Interest rate, exchange rate and the system of inflation target in Brazil. In the consensus view of the Brazilian …

This paper analyzes the relation between monetary policy and economic performance in Brazil during the period 1999 … procyclical and asymmetrical in Brazil under inflation targeting. The main economic policy implication of this study is that …

increasing transparency in the conduction of the monetary policy. After the adoption of inflation targeting in Brazil there was … an increase in the communication of the Central Bank of Brazil with the public. This paper makes a brief review of the …