Measuring the credibility of the inflation targeting in Brazil
The aim of this paper is to apply two indexes for measuring the credibility of the inflation targeting in Brazil and to analyze their outcomes. The findings denote that the framework adopted for this monetary regime in Brazil is not adequate for building credibility. JEL Classification: E31; E52.
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2004 |
| País: | Brasil |
| Institución: | EDITORA 34 |
| Repositorio: | Revista de Economia Política |
| Idioma: | portugués |
| OAI Identifier: | oai:ojs2.centrodeeconomiapolitica.org:article/751 |
| Acceso en línea: | https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/751 |
| Access Level: | acceso abierto |
| Palabra clave: | Credibilidade metas de inflação expectativa de inflação Credibility inflation targets inflation expectation |
| Sumario: | The aim of this paper is to apply two indexes for measuring the credibility of the inflation targeting in Brazil and to analyze their outcomes. The findings denote that the framework adopted for this monetary regime in Brazil is not adequate for building credibility. JEL Classification: E31; E52. |
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