The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and …

This paper assesses Brazil's growth performance from a long-term perspective, using crosscountry and panel estimation … macroeconomic stability and several reforms have helped raise per capita growth in Brazil since the mid-1990s. The results also show …

this study is that, in inflation targeting emerging economies, such as that of Brazil, following a committed monetary … activity and the process of anchoring of inflation expectations affect the supply of credit in Brazil. Moreover, the paper … monetary policy through the credit channel in Brazil. The study verifies if the monetary policy, the economic activity and the …

expectations to provide a comparison of inflation persistence in Brazil with a sample of inflation targeting (IT) countries. This … approach suggests that inflation persistence increased in Brazil through early 2013, in contrast to many of its IT peers …Inflation persistence is sometimes defined as the tendency for price shocks to push the inflation rate away from its …

inflation targeting in Brazil, emphasizing the effect of inflation targeting credibility on the business confidence of …) and vector autoregression (VAR), the paper provides empirical evidence about the influence of inflation targeting … production. In particular, inflation targeting credibility stimulates industrial production, since it increases the confidence of …

A single variable describes, day-by-day, what investors think about the state of Brazil's economy: the Brazilian … markets' assessment of the probability that Brazil might default on its debt obligations. This is mainly because the cost of … domestic interest rates, is thus the necessary first step in order to understand macroeconomic developments in Brazil. The …

exist between these operations and the conduct of monetary policy. This is the case even under inflation targeting and … paper uses a friction model to estimate intervention reaction functions and the associated marginal effects for Brazil and … the Czech Republic since adoption of inflation targeting in these countries in 1999 and 1998, respectively. The main …