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The objective of this paper is to analyze the main theoretical arguments for the analysis of the conduction of monetary policy on the fiscal side. Besides this, an analysis is made of the possible effects on the fiscal balance from the conduction of the monetary policy in the search for price...
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The effects of Central Bank independence and the rate of turnover on the Brazilian inflation. Nowadays, the belief is … bank governor are associated with low inflation. This paper analyzes the relation between central bank independence and … inflation in Brazil during 1980-2002. The findings denote that there is no effect on inflation due to an increase in degree of …
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The article discusses, based in the theory of Central Bank independence and in the process of formation of the Brazilian monetary authority, the autonomy "de facto" of BCB inside the State and in face to civil society. Although it is not formally independent, for not disposing of the exclusive...
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