presidential election campaign in Brazil. Moreover, the Brazilian monetary policy exhibits nonlinear patterns that better captures …

data of six emerging inflation targeting economies (Turkey, Brazil, the Czech Republic, Chile, Poland, and South Africa …Most emerging market central banks have adopted inflation targeting as their monetary policy system. The heart of … inflation targeting system is inflation expectations. The success of a central bank in achieving targets depends on to the …

inflation and output, and that terminating QE may be contractionary or expansionary, depending on the state of the economy at …

While conventional monetary policy maintains its role in counteracting inflation, there are doubts that it is … a role in taming the credit cycle without compromising its effectiveness to control inflation efficiently. Until now …

frequency vector autoregression (VAR). It shows that potential causalities for inflation, relative price variability, relative …