We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the …, and robust for different estimators and financial development measures – suggest that inflation presented deleterious … inequality. Therefore, low and stable inflation, and all that it encompasses, is a necessary first step to achieve a deeper and …

Der Cruzado-Plan vom Februar 1986, der Brasilien schlagartig Preisniveaustabilität ohne eine Stabilisierungskrise … verschaffen sollte, ist gescheitert. Seitdem sind etwas mehr als zwei Jahre vergangen, und Brasilien weist nicht nur wieder - wie … dessen geriet Brasilien in eine Krise mit stagflationärem Charakter: Das öffentliche Defizit, dessen Inflationswirkungen …

Zu Beginn dieses Jahres befand sich Brasilien mit monatlichen Inflationsraten von über 14 vH am Rande einer … Hyperinflation. Am 28. Februar 1986 hat die brasilianische Regierung mit dem sogenannten Cruzado-Plan der Inflation und Spekulation … aufgehoben. Entgegen dem (noch) anhaltenden Optimismus der brasilianischen Regierung, den "Krieg gegen die Inflation" gewinnen zu …

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 …

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 …

This paper aims to discuss the determinants of Brazilian inflation measured by the Extended National Consumer Price … more influence on inflation are ordered by the so-called Inflation Targeting Pressure Index (ITPI), designed to measure the … function method, with monthly data from 1999 to 2009 to estimate the macroeconomic determinants of inflation in the 22 …

This paper presents estimates for Brazilian inflation during the 2000s. The results of a structural model with two … endogenous variables - wage inflation and consumer inflation - indicate that: i) the demand indicator was not statistically … significant in the consumer inflation, but it was important to explain wage inflation; ii) variations in the exchange rate and in …

persistent decline in the debt-to-GDP ratio; ii) the CPI inflation and the interest outlays represent state variables in the …