Now showing items 1-2 of 2

    • Essays on inflation targeting under fiscal fragility 

      Valk, Serge de
      2020-12-15
      Policymakers endividados e com orçamentos limitados podem enfrentar choques inflacionários forçando-os a (i) aumentar as taxas de juros para manter a inflação em uma meta pré-anunciada ou (ii) aceitar inflação mais alta ...
    • Inflation targeting under fiscal fragility 

      Araújo, Aloísio Pessoa de; Santos, Rafael; Lins, Paulo de Carvalho; Valk, Serge de
      2020-07
      Indebted policymakers have a limited budget and are subject to inflationary shocks forcing them to either (i) increase interest rate to have inflation on the pre-announced target or (ii) accept higher inflation. We model ...