[PDF] Top 20 ← Return to Article Details A note on inflation targeting and economic growth in Brazil

... relates to the theme of aggregate demand and ...made in this paper does not provide a response to whether long‑run output growth has been affected by monetary policy under ... See full document

... shifts Brazil to the low interest rate equilibrium can strengthen the exchange rate and lower the burden of the foreign currency denominated ...expansion and infla- tion. To prevent ... See full document

... economy in the period under review is the growth of the use of credit, especially consumer ...noted in Table 4 that the ratio of bank credit to GdP has risen from ...% in 1998 to ... See full document

... returning to Cuba in 1950 to work on the creation of the central bank, working as his first president from 1950 until 1952 at the behest of Cuban President Carlos Prío Socar- ...power ... See full document

... influence economic outcomes. The nearly exclusive focus in the literature on appropriate policy choices is incomplete, even ...applied in two different settings may vary because of the ... See full document

... Although Brazil had success in sustaining a steady economic growth along the 2000s, even after the damaging crisis that took place in 2007, huge structural dif- ferences in ... See full document

... PRESUMPTIONS ON CAPITAL ACCOUNT LIBERALIZATION A capital account liberalization process is characterized by the removal of controls on international capital flows, which in turn allows free mobility ... See full document

... chronic inflation in which long-term financial savings in national currency have been systematically punished by arbi- trary Government ...Quite on the contrary: there should be a strong ... See full document

... Therefore, and this is the point of interest in this paper, when structural change is characterized by the reallocation of labor force towards low skill activities signaling that a premature ... See full document

... Economic growth has been mediocre in Latin America for about three de- ...unrest and civil strife. Beginning in the 1970s, these economies lost strength as they suffered a series of ... See full document

... This article analyze the necessary conditions for Brazilian income per capita to duplicate in a time span of fifteen years, as it happened in the ...70s. Growth accounting is used ... See full document

... the growth performance of ...of economic growth generally neglect not only the demand side of the economy, but also exter- nal ...new growth theories are supply-oriented and, in ... See full document

... economies in general differ radically in terms of their economic ...the economic phenomenon, i.e. economic efficiency and growth (see North, ...much economic ... See full document

... is to apply two indexes for measuring the credibility of the inflation targeting in Brazil and to analyze their ...regime in Brazil is not adequate for ... See full document

... Se, nos anos 1970, o Brasil assistiu a um período de elevada liquidez interna‑ cional, que contribuiu significativamente para o financiamento de seu crescimento, na década de 1980 o país enfrentou a falta de ... See full document

... research on international reserves was started during 1960s particularly when heller (1966) presented the estimations of the optimum level of interna- tional reserves by comparing marginal cost to marginal ... See full document

... first, and perhaps central, thought-of reflection is how development strate- gies are ...Even in the varieties of existing forms of capitalism, this must be complex and ...depend on the level ... See full document

... inflows in the country where the main international financial market is located tends to be high and persistent and brings about economic policies that are associated with the ... See full document

... parties and ideologies, which, it is interest- ing, are not yet part of the people’s political ...rejects economic populism, and adopts a developmental strategy, he may well be successful in ... See full document

... for inflation bias is completely different from the previous analy- ...The inflation bias is a result of the real problem of countries that have an insuffi- cient economic ...how to inhibit ... See full document