THE NEUTRALITY OF MONEY AND THE ROLE OF EXPECTATIONS UNDER THE INFLATION TARGETING SCHEME IN BRAZIL: A POST-KEYNESIAN VIEW

Gil Bracarense Leite (), Henrique Brigatte () and Eder Barbosa de Aguilar ()
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Gil Bracarense Leite: Universidade Federal de Viçosa (UFV)
Henrique Brigatte: Universidade Federal de Viçosa (UFV)
Eder Barbosa de Aguilar: Universidade Federal do Espírito Santo (UFES)

Revista de Economia Mackenzie (REM), 2009, vol. 7, issue 1, 125-147

Abstract: This study presents an analysis on the socio-economic indicators of the G-20 countries by principal components and cluster analysis, in order to de-tect associations or similarities between the nations. The results concerning variables that characterize the social aspects were in line with expectations, allowing the formation of groups internally homogeneous, but heterogeneous among themselves. The other results – related to economic variables – sho-wed unexpected groups, gathering nations with very different characteristics among themselves. Generally, the countries of the G-20 confirm that a lot of dissimilarities in socio-economic indicators may exist between nations mee-ting a set of common interests in an international organization.

Keywords: G-20; Socio-economic indicators; Multivariate analysis. (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:aft:journl:v:7:1:2009:jan:apr:p:125-147

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