Now showing items 1-2 of 2

    • O mecanismo de transmissão monetária na economia brasileira pós-Plano Real 

      Fernandes, Marcelo; Toro, Juan
      2005-03-01
      This paper estimates the monetary transmission mechanism in Brazil as from the Real Plan using a cointegrated VAR model for real money stock, real output, inflation, short- and long-term interest rates. To provide a ...
    • O regime de metas de inflação do Brasil é crível? 

      Teles, Vladimir Kühl; Nemoto, Joana
      2005-09-01
      A Central Bank that achieves and maintains its objective of a low and stable inflation rate, and does not attempt to exploit the trade-off between real output and inflation is defined to be credible. A time series model ...