Browsing Documentos indexados pela Scopus by Subject "Inflação"
Now showing items 1-6 of 6
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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 ... -
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 ... -
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 ...
