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variables. These results cast some doubts about the ability of the Phillips curve to describe the dynamics of inflation in the …
Persistent link: https://www.econbiz.de/10011372339
study, the following are more remarkable. Firstly, the inflationary inertia and expectation of inflation are important … variables for the dynamic of inflation although the relevance of expectation seems to be more relevant in a more recent period … that the sum of coefficients of lagged inflation and expectation of inflation is equal to unity. Thirdly, the effect of …
Persistent link: https://www.econbiz.de/10010330593
variables. These results cast some doubts about the ability of the Phillips curve to describe the dynamics of inflation in the …
Persistent link: https://www.econbiz.de/10010405199
Persistent link: https://www.econbiz.de/10010330933
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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 …
Persistent link: https://www.econbiz.de/10010330660
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 …
Persistent link: https://www.econbiz.de/10009231336
According to available data, real wages in Brazil have been declining since 1980, in terms of wage goods, especially food. The main consequence has been the acceleration of the national income concentration, against the labour share. In order to solve this problem and to increase the real wages,...
Persistent link: https://www.econbiz.de/10001097667
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