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The aim of this work is to discuss the recent path followed by the indicators of productivity in Brazil based upon the … relationship between economic growth and productivity in the approaches which use total and partial measures of productivity. We … increase of the occupation and participation rates. That explains why the GPD per capita and labor productivity curves detach …
Persistent link: https://www.econbiz.de/10011372324
productivity growth. Despite the low potential GDP initial growth, the degree of idleness would allow an average GDP growth of … country manages to face the challenges of fi scal consolidation and the implementation of reforms that improve productivity …
Persistent link: https://www.econbiz.de/10012628685
The aim of this work is to discuss the recent path followed by the indicators of productivity in Brazil based upon the … relationship between economic growth and productivity in the approaches which use total and partial measures of productivity. We … increase of the occupation and participation rates. That explains why the GPD per capita and labor productivity curves detach …
Persistent link: https://www.econbiz.de/10010405528
productivity growth. Despite the low potential GDP initial growth, the degree of idleness would allow an average GDP growth of … country manages to face the challenges of fi scal consolidation and the implementation of reforms that improve productivity …
Persistent link: https://www.econbiz.de/10012625528
This paper tests Phillips curves using an autoregressive distributed lag (ADL) specification that encompasses the New Keynesian Phillips curve (NKPC), the Hybrid Phillips curve (HPC), the Sticky-Information Phillips curve (SIPC), and the accelerationist Phillips curve (APC). We use data from...
Persistent link: https://www.econbiz.de/10011372176
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
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