Metas inflacionárias: a análise convencional e um modelo alternativo

Detalhes bibliográficos
Autor(a) principal: Lima,Luiz Antonio de Oliveira
Data de Publicação: 2008
Tipo de documento: Artigo
Idioma: por
Título da fonte: Revista de Economia Política
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572008000200001
Resumo: Inflation targeting: the conventional analysis and an alternative model. This article has two aims: the first one is to present a formal model of the monetary policy identified generally as "inflation targeting policy", an instrument of intervention of the central bank, through the short run nominal interest rate. The second aim is to discuss and criticize the theoretical assumptions of the model specially the concepts of "natural rate of interest" and of potential product presented by the "augmented Philips curve"; and to present a more realistic control of inflation targeting which does not assume the hypotheses above, and in which inflation targeting is based on the control of real rate of interest.
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spelling Metas inflacionárias: a análise convencional e um modelo alternativoShort-run interest rateinflationary targetingpotential outputnominal monetary rulesnatural interest rateInflation targeting: the conventional analysis and an alternative model. This article has two aims: the first one is to present a formal model of the monetary policy identified generally as "inflation targeting policy", an instrument of intervention of the central bank, through the short run nominal interest rate. The second aim is to discuss and criticize the theoretical assumptions of the model specially the concepts of "natural rate of interest" and of potential product presented by the "augmented Philips curve"; and to present a more realistic control of inflation targeting which does not assume the hypotheses above, and in which inflation targeting is based on the control of real rate of interest.Centro de Economia Política2008-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572008000200001Brazilian Journal of Political Economy v.28 n.2 2008reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/S0101-31572008000200001info:eu-repo/semantics/openAccessLima,Luiz Antonio de Oliveirapor2008-05-27T00:00:00Zoai:scielo:S0101-31572008000200001Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2008-05-27T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv Metas inflacionárias: a análise convencional e um modelo alternativo
title Metas inflacionárias: a análise convencional e um modelo alternativo
spellingShingle Metas inflacionárias: a análise convencional e um modelo alternativo
Lima,Luiz Antonio de Oliveira
Short-run interest rate
inflationary targeting
potential output
nominal monetary rules
natural interest rate
title_short Metas inflacionárias: a análise convencional e um modelo alternativo
title_full Metas inflacionárias: a análise convencional e um modelo alternativo
title_fullStr Metas inflacionárias: a análise convencional e um modelo alternativo
title_full_unstemmed Metas inflacionárias: a análise convencional e um modelo alternativo
title_sort Metas inflacionárias: a análise convencional e um modelo alternativo
author Lima,Luiz Antonio de Oliveira
author_facet Lima,Luiz Antonio de Oliveira
author_role author
dc.contributor.author.fl_str_mv Lima,Luiz Antonio de Oliveira
dc.subject.por.fl_str_mv Short-run interest rate
inflationary targeting
potential output
nominal monetary rules
natural interest rate
topic Short-run interest rate
inflationary targeting
potential output
nominal monetary rules
natural interest rate
description Inflation targeting: the conventional analysis and an alternative model. This article has two aims: the first one is to present a formal model of the monetary policy identified generally as "inflation targeting policy", an instrument of intervention of the central bank, through the short run nominal interest rate. The second aim is to discuss and criticize the theoretical assumptions of the model specially the concepts of "natural rate of interest" and of potential product presented by the "augmented Philips curve"; and to present a more realistic control of inflation targeting which does not assume the hypotheses above, and in which inflation targeting is based on the control of real rate of interest.
publishDate 2008
dc.date.none.fl_str_mv 2008-06-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572008000200001
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dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv 10.1590/S0101-31572008000200001
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
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dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Centro de Economia Política
publisher.none.fl_str_mv Centro de Economia Política
dc.source.none.fl_str_mv Brazilian Journal of Political Economy v.28 n.2 2008
reponame:Revista de Economia Política
instname:EDITORA 34
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collection Revista de Economia Política
repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
repository.mail.fl_str_mv ||cecilia.heise@bjpe.org.br
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