Listagem FGV EPGE - Ensaios Econômicos por Título "Is there a price puzzle in Brazil? An application of Bias-Corrected Bootstrap"

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Is there a price puzzle in Brazil? An application of Bias-Corrected Bootstrap

Cysne, Rubens Penha
2004-12-01

Using data from the United States, Japan, Germany , United Kingdom and France, Sims (1992) found that positive innovations to shortterm interest rates led to sharp, persistent increases in the price level. The result was ...