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) showed that, in the period 2000.1 2005.4, several models had superior forecast ability than the mean of market inflation rate …The evaluation of forecasts performance of market expectations about the Brazilian inflation rate (Focus survey) is … significant evidence that the mean of market forecasts had superior forecast ability than some univariate autoregressive models. …
Persistent link: https://www.econbiz.de/10009231336
This paper investigates the effect of monetary and exchange rate shocks on disaggregated prices of the Brazilian Consumer Price Index (IPCA), from 1999 to 2011. We analyze the results of a factor-augmented vector autoregressive model (Favar), which are presented by different levels of...
Persistent link: https://www.econbiz.de/10011372201
This paper investigates the effect of monetary and exchange rate shocks on disaggregated prices of the Brazilian Consumer Price Index (IPCA), from 1999 to 2011. We analyze the results of a factor-augmented vector autoregressive model (Favar), which are presented by different levels of...
Persistent link: https://www.econbiz.de/10010509578
) showed that, in the period 2000.1 2005.4, several models had superior forecast ability than the mean of market inflation rate …The evaluation of forecasts performance of market expectations about the Brazilian inflation rate (Focus survey) is … significant evidence that the mean of market forecasts had superior forecast ability than some univariate autoregressive models. …
Persistent link: https://www.econbiz.de/10010330660
Persistent link: https://www.econbiz.de/10003835415
Persistent link: https://www.econbiz.de/10003594326
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Persistent link: https://www.econbiz.de/10001796326
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