This article aims at analysing the relationship between conventions and monetary policy using both the post-Keynesian and the French-conventions-school approaches, treated as complementary; and stressing the design of monetary policy frameworks (for example, inflation targeting) and the setting...

o label the defense of capital controls (CC) as a left-wing proposal is a misconstruction. Such labeling uses the Borsa economicist criterion, which reduces the dichotomy between right and left to a distinction between liberalism and interventionism. Yet, under this criterion, the use of CC...

To label the defense of capital controls (CC) as a left-wing proposal is a misconstruction. Such labeling uses the Borsa economicist criterion, which reduces the dichotomy between right and left to a distinction between liberalism and interventionism. Yet, under this criterion, the use of CC...

To label the defense of capital controls (CC) as a left-wing proposal is a misconstruction. Such labeling uses the Borsa economicist criterion, which reduces the dichotomy between Right and Left to a distinction between liberalism and interventionism. Yet, under this criterion, the use of CC...

With the purpose of evaluating Brazilian Central Bank's (BCB) conduct of monetary policy after the adoption of inflation targeting (IT), we estimate a modified version of the Taylor rule for the Brazilian economy in the period 2000-2010. The term modified refers to an important innovation with...

O artigo tem como objetivo sugerir uma agenda de pesquisa que compatibilize a política macroeconômica com uma política de desenvolvimento. Parte-se da análise da estrutura da economia brasileira em perspectiva histórica e em seguida são identificados os limites estruturais para o...

A adoção da regra de Taylor é peça fundamental do Novo Consenso em Política Monetária, marcado pelo reconhecimento, realizado tardiamente pela ortodoxia, de que a base monetária é endógena. Com base na literatura resenhada, é estimada a função de reação do Banco Central do Brasil...