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The evaluation of forecasts performance of market expectations about the Brazilian inflation rate (Focus survey) is …) showed that, in the period 2000.1 2005.4, several models had superior forecast ability than the mean of market inflation rate …
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This paper estimates the Brazilian NAILO (Nonaccelerating Inflation Level of Output), obtains (Bayesian) probability … the Nailo and the acceleration of inflation. As explained in the text, the NAILO should not be confused with the country … inflation rate between 0.5 and 0.7 pp (percentage points). We also observed a very close relationship between changes in the …
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