amounts as required under the current government crisis in the financial world. The book focuses on not commenting policy …

The world had to face last century a series of financial crashes which were felt more or less intense in every country …

In the paper there are presented the main negative effects of the world crisis revealed by the analysis performed in …

using the Gauss-Siedel algorithm for forward-looking expectations with actual inflation series as start values. The VAR … so as to determine the response to monetary policy of inflation, its volatility and expectations. The study found that … explicit anchoring of expectations and volatility ensure that monetary policy is forward-looking and that a symmetric inflation …

disturbance in line with mainstream thinking to believe that is self-regulating market, the units would have rational expectations …