Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil

Detalhes bibliográficos
Autor(a) principal: Zuffo, Vicente Matheus Moreira
Data de Publicação: 2015
Tipo de documento: Dissertação
Idioma: por
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/13436
Resumo: This work aims to analyze the relationship between monetary policy and inflation persistence in recent years, after the introduction of the inflation targeting regime in Brazil. Through a simplified new-Keynesian model, the degree of inflation-gap persistence is modeled as a function of the monetary policy rule weights. The time-varying Taylor rule is confronted with the estimated curve of inflation-gap persistence, demonstrating that changes in monetary policy lead to changes in the level of inflation persistence in the economy. An adaptation of the model with a Taylor rule that incorporates the output gap expectations, reaches the same results more accurately.
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spelling Zuffo, Vicente Matheus MoreiraEscolas::EESPMarçal, Emerson FernandesGoldbaum, SergioMori, Rogério2015-02-25T14:51:13Z2015-02-25T14:51:13Z2015-02-10ZUFFO, Vicente Matheus Moreira. Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil. Dissertação (Mestrado Profissional em Finanças e Economia) - FGV - Fundação Getúlio Vargas, São Paulo, 2015.http://hdl.handle.net/10438/13436This work aims to analyze the relationship between monetary policy and inflation persistence in recent years, after the introduction of the inflation targeting regime in Brazil. Through a simplified new-Keynesian model, the degree of inflation-gap persistence is modeled as a function of the monetary policy rule weights. The time-varying Taylor rule is confronted with the estimated curve of inflation-gap persistence, demonstrating that changes in monetary policy lead to changes in the level of inflation persistence in the economy. An adaptation of the model with a Taylor rule that incorporates the output gap expectations, reaches the same results more accurately.Este trabalho visa analisar a relação entre política monetária e persistência inflacionária no período recente, após a introdução do regime de metas de inflação no Brasil. Através de um modelo novo-keynesiano simplificado, o grau de persistência do hiato de inflação é modelado como função dos pesos da regra de política monetária. A evolução temporal da regra de Taylor é confrontada com a curva estimada de persistência do hiato de inflação, demonstrando que mudanças na condução da política monetária levam a alterações do nível de persistência inflacionária na economia. Uma adaptação do modelo, com uma regra de Taylor que incorpora expectativas do hiato do produto, chega aos mesmos resultados com maior precisão.porPersistência inflacionáriaEconomiaPolítica monetária - BrasilInflação - BrasilTaylor, Regra deMacroeconomiaAnálise dos efeitos da política monetária sobre a persistência inflacionária no Brasilinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessORIGINALDissertacao_VicenteMatheus.pdfDissertacao_VicenteMatheus.pdfapplication/pdf1088298https://repositorio.fgv.br/bitstreams/b207fa13-ce2e-47d7-92f2-f2da0195d8ef/downloadd730a8afc054357f55ef1ed0531071d4MD53LICENSElicense.txtlicense.txttext/plain; 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dc.title.por.fl_str_mv Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil
title Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil
spellingShingle Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil
Zuffo, Vicente Matheus Moreira
Persistência inflacionária
Economia
Política monetária - Brasil
Inflação - Brasil
Taylor, Regra de
Macroeconomia
title_short Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil
title_full Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil
title_fullStr Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil
title_full_unstemmed Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil
title_sort Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil
author Zuffo, Vicente Matheus Moreira
author_facet Zuffo, Vicente Matheus Moreira
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EESP
dc.contributor.member.none.fl_str_mv Marçal, Emerson Fernandes
Goldbaum, Sergio
dc.contributor.author.fl_str_mv Zuffo, Vicente Matheus Moreira
dc.contributor.advisor1.fl_str_mv Mori, Rogério
contributor_str_mv Mori, Rogério
dc.subject.por.fl_str_mv Persistência inflacionária
topic Persistência inflacionária
Economia
Política monetária - Brasil
Inflação - Brasil
Taylor, Regra de
Macroeconomia
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Política monetária - Brasil
Inflação - Brasil
Taylor, Regra de
Macroeconomia
description This work aims to analyze the relationship between monetary policy and inflation persistence in recent years, after the introduction of the inflation targeting regime in Brazil. Through a simplified new-Keynesian model, the degree of inflation-gap persistence is modeled as a function of the monetary policy rule weights. The time-varying Taylor rule is confronted with the estimated curve of inflation-gap persistence, demonstrating that changes in monetary policy lead to changes in the level of inflation persistence in the economy. An adaptation of the model with a Taylor rule that incorporates the output gap expectations, reaches the same results more accurately.
publishDate 2015
dc.date.accessioned.fl_str_mv 2015-02-25T14:51:13Z
dc.date.available.fl_str_mv 2015-02-25T14:51:13Z
dc.date.issued.fl_str_mv 2015-02-10
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
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dc.identifier.citation.fl_str_mv ZUFFO, Vicente Matheus Moreira. Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil. Dissertação (Mestrado Profissional em Finanças e Economia) - FGV - Fundação Getúlio Vargas, São Paulo, 2015.
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/13436
identifier_str_mv ZUFFO, Vicente Matheus Moreira. Análise dos efeitos da política monetária sobre a persistência inflacionária no Brasil. Dissertação (Mestrado Profissional em Finanças e Economia) - FGV - Fundação Getúlio Vargas, São Paulo, 2015.
url http://hdl.handle.net/10438/13436
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