Measuring the credibility of the inflation targeting in Brazil

Helder de Mendonça ()

Brazilian Journal of Political Economy, 2004, vol. 24, issue 3, 346-353

Abstract: The aim of this paper is to apply two indexes for measuring the credibility of the inflation targeting in Brazil and to analyze their outcomes. The findings denote that the framework adopted for this monetary regime in Brazil is not adequate for building credibility. JEL Classification: E31; E52.

Keywords: Credibility; inflation targets; inflation expectation (search for similar items in EconPapers)
Date: 2004
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