Listagem Produção Intelectual em Bases Externas por Assunto "Inflação"
Itens para a visualização no momento 1-20 of 21
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An analysis of the degrees of persistence of inflation, inflation expectations and real interest rate in Brazil
2011This paper makes use of Auto-Regressive Fractionally Integrated (ARFIMA) models, as well as unit root tests with structural breaks, to examine the IPCA (the official inflation rate), inflation expectations, and the real ... -
Can jurisdictional uncertainty and capital controls explain the high level of real interest rates in Brazil? Evidence from panel data
2007This paper tests the assertion, popularized by Arida et al. (2005), that risks associated with the jurisdiction and currency inconvertibility are relevant determinants of the high level of short-term real interest rates ... -
Endogenous time-dependent rules and inflation inertia
2004In this paper, we endogenize fixed price time-dependent rules to examine the output effects of monetary disinflation. We derive the optimal rules in and out of inflationary steady states, and develop a methodology to ... -
Expectativas racionais
1981-11-02A combinação da teoria aceleracionista da curva de Phillips com a hipótese de expectativas inflacionárias adaptativas, conseguiu decifrar um dos mais perturbadores enigmas da macroeconomia neoclássica: porque a prosperidade ... -
Extracting inflation risk premium from nominal and real bonds using survey information
2018Purpose: The purpose of this paper is to forecast future inflation using a joint model of the nominal and real yield curves estimated with survey data. The model is arbitrage free and embodies incompleteness between the ... -
Hyperinflation: inflation tax and economic policy regime
2002-11-02This paper shows that price level indeterminacy in monetary models with multiple equilibria can be solved by the selection of an appropriate monetary policy regime, according to the demand elasticity of the real quantity ... -
Inflation and income inequality: a shopping-time approach
2005-12Our work is based on a heterogenous agent shopping-time economy in which economic agents present distinct productivities in the production of the consumption good, and differentiated access to transacting assets. The purpose ... -
Inflation targeting with imperfect information
2016-02In a global games setup with imperfect commitment technology, we show that low targetsthe ones close to the optimal inflation under perfect commitmentare unattainable, leading to a trade-off between low and credible targets. ... -
Inflation tax and money essentiality
2003-02This paper shows that [Journal of Political Economy 91 (1983) 675] infeasibility condition, which is equivalent to say that money is essential, is an empirical question, rather than a theoretical issue. This hypothesis can ... -
Metas de inflação e volatilidade cambial: uma análise da experiência internacional com PAINEL-GARCH
2011-08-01The inflation targeting regimes adoption has as its corollary the operation of an exchange rate floating regime. This link makes some analysts to conclude that one of the costs of the inflation targeting implementation is ... -
Metas inflacionárias: a análise convencional e um modelo alternativo
2008-06-01Inflation targeting: the conventional analysis and an alternative model. This article has two aims: the first one is to present a formal model of the monetary policy identified generally as inflation targeting policy, an ... -
A note on 'Inflation and Welfare'
2008This note provides an analytical confirmation and a refinement of [Lucas Jr., R.E., 2000. Inflation and welfare. Econometrica 68 (62), 247-274 (March)] numerical findings regarding the characterization of optimality in the ... -
On the general equilibrium costs of perfectly anticipated inflation
2009In monetary models where M0 has no social costs and a positive demand for cash and deposits is taken as a primitive, we show that the compensating variation in endowment is the exact general equilibrium measure of welfare ... -
On the integrability of money-demand functions by the Sidrauski and the shopping-time models
2009-09This paper investigates which properties money-demand functions must satisfy so that they are consistent with Lucas's [Lucas Jr., R.E., 2000. Inflation and welfare. Econometrica 68, 247-274] versions of the Sidrauski and ... -
Política monetária ótima no combate à inflação
1992-04-01This paper establishes an optimal monetary policy to combat inflation in an economy wherein the inflationary phenomenon contains an inertial component. The formulation of the problem leads to an application of the optimal ... -
Rational expectations, income policies and game theory
1986-11-02Rational expectations are viewed as a Nash equilibrium of a game. If a change of regime occurs, it is argued that it is very unlikely that the economy is going to achieve the new equlibrium at once. In fact, one can show ... -
Salários, inflação e balanço de pagamentos
1979-09-01 -
State space models for the exchange rate pass-through: determinants and null/full pass-through hypotheses
2013-12-01In this article, we formulate linear Gaussian state space models for the estimation of the exchange rate pass-through of the Brazilian Real against the US Dollar, using monthly data from August 1999 to August 2008. The ... -
Taylor principle and inflation stability in emerging market countries
2010-01The goal of this paper is to evaluate the validity of the Taylor principle for inflation control in 12 developing countries that use inflation targeting regimes: Brazil, Chile, Colombia, Hungary, Israel, Mexico, Peru, ...
