THE INFLATION TARGETING REGIMES ADOPTION AND THE CENTRAL BANKS REACTION FUNCTIONS

Detalhes bibliográficos
Autor(a) principal: Rocha, Marcos
Data de Publicação: 2009
Outros Autores: Curado, Marcelo
Tipo de documento: Artigo
Idioma: por
Título da fonte: Análise Econômica (Online)
Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/9710
Resumo: The empirical experiments in this paper evaluates if the inflation targeting regime adoption (ITR) with different institutional arrangements – flexible or rigid – has any influence in the central banks’ reaction function behavior in ITR. For this intent, it is composed segregate panel samples, according to the institutional flexibility, and made econometric exercises by using dynamic panel techniques. The results suggest differences in the reaction function behavior of the central banks with rigid ITR in face of that institutionally flexible.
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spelling THE INFLATION TARGETING REGIMES ADOPTION AND THE CENTRAL BANKS REACTION FUNCTIONSADOÇÃO DO REGIME DE METAS DE INFLAÇÃO E AS FUNÇÕES DE REAÇÃO DOS BANCOS CENTRAISRegras de Taylor. Painel dinâmico. Metas de inflação.JEL classificationC23F31F33Taylor rules. Dynamic panel. Inflation targeting.JEL classificationC23F31F33The empirical experiments in this paper evaluates if the inflation targeting regime adoption (ITR) with different institutional arrangements – flexible or rigid – has any influence in the central banks’ reaction function behavior in ITR. For this intent, it is composed segregate panel samples, according to the institutional flexibility, and made econometric exercises by using dynamic panel techniques. The results suggest differences in the reaction function behavior of the central banks with rigid ITR in face of that institutionally flexible.Os experimentos neste artigo buscaram inferir se a adoção de regimes de metas de inflação (RMI) com arranjos institucionais distintos – flexíveis ou rígidos – influenciam no comportamento da função de reação dos bancos centrais. Para isso, painéis para países segregados de acordo com o grau de sua flexibilidade institucional foram estimados com a técnica de painel dinâmico. Os resultados apontam para diferenças de comportamento das funções de reação dos bancos centrais com RMI institucionalmente flexível em face dos rígidos.UFRGS2009-08-11info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/971010.22456/2176-5456.9710Análise Econômica; Vol. 27 No. 51 (2009): março de 2009Análise Econômica; v. 27 n. 51 (2009): março de 20092176-54560102-9924reponame:Análise Econômica (Online)instname:Universidade Federal do Rio Grande do Sul (UFRGS)instacron:UFRGSporhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/9710/5890Copyright (c) 2019 Análise Econômicainfo:eu-repo/semantics/openAccessRocha, MarcosCurado, Marcelo2019-08-29T12:37:29Zoai:seer.ufrgs.br:article/9710Revistahttps://seer.ufrgs.br/index.php/AnaliseEconomicaPUBhttps://seer.ufrgs.br/index.php/AnaliseEconomica/oai||rae@ufrgs.br2176-54560102-9924opendoar:2019-08-29T12:37:29Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)false
dc.title.none.fl_str_mv THE INFLATION TARGETING REGIMES ADOPTION AND THE CENTRAL BANKS REACTION FUNCTIONS
ADOÇÃO DO REGIME DE METAS DE INFLAÇÃO E AS FUNÇÕES DE REAÇÃO DOS BANCOS CENTRAIS
title THE INFLATION TARGETING REGIMES ADOPTION AND THE CENTRAL BANKS REACTION FUNCTIONS
spellingShingle THE INFLATION TARGETING REGIMES ADOPTION AND THE CENTRAL BANKS REACTION FUNCTIONS
Rocha, Marcos
Regras de Taylor. Painel dinâmico. Metas de inflação.
JEL classification
C23
F31
F33
Taylor rules. Dynamic panel. Inflation targeting.
JEL classification
C23
F31
F33
title_short THE INFLATION TARGETING REGIMES ADOPTION AND THE CENTRAL BANKS REACTION FUNCTIONS
title_full THE INFLATION TARGETING REGIMES ADOPTION AND THE CENTRAL BANKS REACTION FUNCTIONS
title_fullStr THE INFLATION TARGETING REGIMES ADOPTION AND THE CENTRAL BANKS REACTION FUNCTIONS
title_full_unstemmed THE INFLATION TARGETING REGIMES ADOPTION AND THE CENTRAL BANKS REACTION FUNCTIONS
title_sort THE INFLATION TARGETING REGIMES ADOPTION AND THE CENTRAL BANKS REACTION FUNCTIONS
author Rocha, Marcos
author_facet Rocha, Marcos
Curado, Marcelo
author_role author
author2 Curado, Marcelo
author2_role author
dc.contributor.author.fl_str_mv Rocha, Marcos
Curado, Marcelo
dc.subject.por.fl_str_mv Regras de Taylor. Painel dinâmico. Metas de inflação.
JEL classification
C23
F31
F33
Taylor rules. Dynamic panel. Inflation targeting.
JEL classification
C23
F31
F33
topic Regras de Taylor. Painel dinâmico. Metas de inflação.
JEL classification
C23
F31
F33
Taylor rules. Dynamic panel. Inflation targeting.
JEL classification
C23
F31
F33
description The empirical experiments in this paper evaluates if the inflation targeting regime adoption (ITR) with different institutional arrangements – flexible or rigid – has any influence in the central banks’ reaction function behavior in ITR. For this intent, it is composed segregate panel samples, according to the institutional flexibility, and made econometric exercises by using dynamic panel techniques. The results suggest differences in the reaction function behavior of the central banks with rigid ITR in face of that institutionally flexible.
publishDate 2009
dc.date.none.fl_str_mv 2009-08-11
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/9710
10.22456/2176-5456.9710
url https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/9710
identifier_str_mv 10.22456/2176-5456.9710
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/9710/5890
dc.rights.driver.fl_str_mv Copyright (c) 2019 Análise Econômica
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2019 Análise Econômica
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv UFRGS
publisher.none.fl_str_mv UFRGS
dc.source.none.fl_str_mv Análise Econômica; Vol. 27 No. 51 (2009): março de 2009
Análise Econômica; v. 27 n. 51 (2009): março de 2009
2176-5456
0102-9924
reponame:Análise Econômica (Online)
instname:Universidade Federal do Rio Grande do Sul (UFRGS)
instacron:UFRGS
instname_str Universidade Federal do Rio Grande do Sul (UFRGS)
instacron_str UFRGS
institution UFRGS
reponame_str Análise Econômica (Online)
collection Análise Econômica (Online)
repository.name.fl_str_mv Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)
repository.mail.fl_str_mv ||rae@ufrgs.br
_version_ 1799766264836521984

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