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The effects of Central Bank independence and the rate of turnover on the Brazilian inflation. Nowadays, the belief is … bank governor are associated with low inflation. This paper analyzes the relation between central bank independence and … inflation in Brazil during 1980-2002. The findings denote that there is no effect on inflation due to an increase in degree of …
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Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for … a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this …
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