Inflation Targets
Mostrando 1-12 de 14 artigos, teses e dissertações.
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1. Ensaios sobre a meta de inflação ótima para o Brasil / Optimal inflation target for the Brazilian economy
Inflation targeting regimes have been adopted by a large number of countries in recent years. Obviously, the definition of the actual inflation target to be pursued is an essential part of this regime. This work aims to make a contribution to the debate about the optimal target for Brazil. The three essays follow different paths in an attempt to estimate the
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 22/03/2011
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2. Macroeconomic trouble and policy challenges in the wake of the financial bust
Contrasting with the 1929 great crisis, authorities intervened forcefully in 2008 to stop the disintegration of the financial system. Governments and central banks then sought to revise the prudential regulation in depth. It would be optimistic, however, to believe that prudential measures, alone, could deliver full economic recovery, at least in the countri
Brazilian Journal of Political Economy. Publicado em: 2011-06
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3. A determinação da taxa de juros pelo Banco Central do Brasil durante o sistema de metas para a inflação
O presente trabalho aborda a evolução da teoria econômica no âmbito da política monetária. Atualmente a estabilidade de preços é considerada uma variável fundamental para a expansão da atividade econômica. Neste sentido, o papel da política monetária é de extrema importância. No entanto, a autoridade responsável por sua condução está sujei
Publicado em: 2011
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4. Metas de inflação numa economia pós-keynesiana / Inflation targeting in a post-keynesian economics
This dissertation analyses the compatibility of the inflation target system with an economic structure characterized as a post Keynesian one. This structure presents three elements: an IS relation; a relation similar to the Phillips curve but with a post Keynesian content; and an adaptive process of the formation of expectations for the inflation rate. Monet
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 16/09/2010
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5. Preferências do banco central de reserva do Peru e regras monetárias ótimas sob o regime de metas de inflação
Detrás das ações levadas pela autoridade monetária, encontra-se uma estratégia sistemática impulsionada pelas preferências relativas à consecução de determinadas metas. Num regime de metas de inflação, apesar de um claro mandato voltado à estabilidade de preços, a autoridade monetária é menos explícito com seus outros objetivos de política
Publicado em: 2010
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6. Exchange rate, interest rate and prices in the Brazilian system of inflation targets / Taxa de câmbio, taxa de juros e preços no regime brasileiro de metas de inflação
The deployment of a new system of monetary policy at the end of the decade of 1990 meant major changes in policy to combat inflation in Brazil. By the year 1999 monetary policy was restrictive, with an exchange rate that could be valued. After July 1999, the Central Bank started to have only one goal: to keep inflation under control, for that, it had as only
Publicado em: 2008
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7. Metas para inflação e taxa de juros no Brasil: uma análise do efeito dos preços livres e administrados
After surpassed more than half a decade since the adoption of inflation targeting in Brazil, it can be seen that maintaining a high interest rate is inherent to the strategy for the conduction of the monetary policy. The objective of this paper is to show that the present policy for defining the basic interest rate of the economy, based on the response to in
Brazilian Journal of Political Economy. Publicado em: 2007-09
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8. MONETARY POLICY AND INVESTMENT IN BRAZIL / POLÍTICA MONETÁRIA E INVESTIMENTO NO BRASIL
The objective of monetary policy under the inflation target regime is to keep inflation and output at levels that foster a stable economic environment. To reach its objective, the monetary authority uses a policy instrument (such as the overnight interest rate) to achieve the inflation and output targets through the transmission mechanism. However, the trans
Publicado em: 2007
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9. Fiscal dominance and the fiscal reaction rule: an empirical analysis for Brazil / Dominância fiscal e a regra de reação fiscal: uma análise empírica para o Brasil
This research, which is divided into two parts, tests the hypothesis of fiscal dominance and estimates a fiscal reaction rule for Brazil. In the first part we investigate the existence of fiscal dominance in Brazil beginning 1999 ? the starting point of primary surplus targets by the Government ? through an impulse response function. Our analysis indicates t
Publicado em: 2007
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10. ESTUDANDO FLUTUAÇÕES DA POTÊNCIA DA POLÍTICA MONETÁRIA / STUDYING FLUCTUATIONS IN THE POTENCY OF MONETARY POLICY
Monetary policy in Brazil has been working, since 1999, under an inflation targeting regime, in which interest rates are the main instruments in achieving the targets. This dissertation studies the effect of monetary policy on the economy`s output and reasons for its fluctuations, through the estimation of an IS curve for Brazil. We find a significant effect
Publicado em: 2007
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11. Understanding the mechanisms of lung mechanical stress
Physical forces affect both the function and phenotype of cells in the lung. Bronchial, alveolar, and other parenchymal cells, as well as fibroblasts and macrophages, are normally subjected to a variety of passive and active mechanical forces associated with lung inflation and vascular perfusion as a result of the dynamic nature of lung function. These force
Brazilian Journal of Medical and Biological Research. Publicado em: 2006-06
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12. Inflation targeting performance in Brazil / O funcionamento do regime de metas de inflação no Brasil
This work intends to assess inflation-targeting framework performance in the Brazilian economy. It finds that the Central Bank?s single objective to reach the inflation targets leaded the country to face substantial costs in terms of output and employment growth. This work presents the theoretical fundamentals that support this type of monetary policy framew
Publicado em: 2006