Ferreira, Alexandre Batista; Júnior, Frederico Gonzaga … - Associação dos Centros de Pós-Graduação em … - 2005
The central purpose of this study is to assess the performance of the inflation targeting regime adopted in Brazil, in …) there is presence of inflationary inertia; iii) changes in interest rate to fight inflation can provoke more inflation; iv …) the inflation rate is quite sensitive to the exchange rate volatility; v) the inflation rate answers, in way erratic and …