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Inflation targeting in Brazil
Arestis, Philip; de Paula, Luiz Fernando Rodrigues; … - 2008
the case of Brazil. The IT monetary policy regime has been adopted by a significant number of countries. While the focus … of this paper is on Brazil, which began inflation targeting in 1999, we also examine the experience of other countries … compare the experience of Brazil with that of non-IT countries, and ask the question of whether adopting IT makes a difference …
Persistent link: https://www.econbiz.de/10010276235
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Dangerous liaisons? An empirical assessment of inflation targeting and exchange rate regimes
Aguirre, Horacio; Burdisso, Tamara - 2008
The role of the exchange rate under inflation targeting (IT) remains an unresolved issue in literature and policy discussions -and a challenge for central banks implementing IT, especially in developing countries. This paper aims at assessing whether there is a relation between the nominal...
Persistent link: https://www.econbiz.de/10010325099
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Leading Indicators of Real Activity and Inflation for Turkey, 2001-2010
Altug, Sumru; Uluceviz, Erhan - 2011
This paper develops a set of leading indicators of industrial production growth and consumer price inflation for the period 2001-2010. The choice of indicators is based on pseudo out-of-sample forecasting exercise implemented by Stock and Watson (2003), amongst others. We find that asset prices...
Persistent link: https://www.econbiz.de/10010500195
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Rational expectations and inflation targeting: An analysis for ten countries
Fromlet, Pia - 2010
In this paper I evaluate inflation targeting for ten countries. The evaluation is based on unconditional as well as conditional measures of the variance of inflation around target. With strict inflation targeting, expectations of the future deviation from target given information about the...
Persistent link: https://www.econbiz.de/10010321410
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Hitting the elusive inflation target
Bianchi, Francesco; Melosi, Leonardo; Rottner, Matthias - 2019
Since the 2001 recession, average core inflation has been below the Federal Reserve's 2% target. This deflationary bias is a predictable consequence of a low nominal interest rates environment. When monetary policy faces the risk of encountering the zero lower bound, in.ation tends to remain...
Persistent link: https://www.econbiz.de/10012429401
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Couple's behaviour in the Brazilian labour market: The influence of social security and individual characteristics on married individuals' labour supply decisions
Queiroz, Bernardo Lanza; de Souza, Laetícia Rodrigues - 2013
In recent years, a large number of studies have investigated the relationship between social security benefits and male retirement decisions in developed countries. However, women's and couples' labour supply decisions and the patterns of withdrawal from the labour force in emerging economies...
Persistent link: https://www.econbiz.de/10010293260
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Gender and racial wage gaps in Brazil 1996-2006: Evidence using a matching comparisons approach
Marques Garcia, Luana; Ñopo, Hugo; Salardi, Paola - 2009
matching comparison methodology developed by Ñopo (2008). In Brazil, racial wage gaps are more pronounced than those found …
Persistent link: https://www.econbiz.de/10010278245
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Television and divorce: Evidence from Brazilian Novelas
Chong, Alberto; La Ferrara, Eliana - 2009
This paper studies the link between television and divorce in Brazil by exploiting variation in the timing of …
Persistent link: https://www.econbiz.de/10010278275
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The decline of the exchange rate pass-through in Brazil: Explaining the "fear of floating"
Schönerwald da Silva, Carlos Eduardo; Vernengo, Matías - 2008
This paper argues that the pass-through in Brazil has fallen compared with estimates in other studies on earlier time …
Persistent link: https://www.econbiz.de/10010288059
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The impact of inflation targeting on unemployment in developing and emerging economies
Divino, Jose Angelo - 2009
Several countries around the world have adopted the inflation targeting regime for monetary policy. Despite the growing literature on the issue, it is not clear whether developing and emerging countries can improve their economic performance by adopting inflation targeting. This working paper...
Persistent link: https://www.econbiz.de/10010293308