Caldas Montes, Gabriel; Cabral Machado, Caroline - In: Journal of Economic Studies 40 (2013) 4, pp. 469-492
monetary policy through the credit channel in Brazil. The study verifies if the monetary policy, the economic activity and the … 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 …