CRITICAL EVALUATION OF THE INFLATION TARGETING REGIME FROM A POST-KEYNESIAN PERSPECTIVE

Detalhes bibliográficos
Autor(a) principal: Freitas, Clailton Ataídes de
Data de Publicação: 2013
Outros Autores: Alves, William Bottega
Tipo de documento: Artigo
Idioma: por
Título da fonte: Análise Econômica (Online)
Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/22277
Resumo: This article aims to analyze whether the inflation targeting regime (ITR) and the post-Keynesian theory are (or not) compatible. This subject became relevant, specially, due to the fact that recently some academic articles, based on a post-Keynesian approach, have conciliated this theory with ITR, raising, thus, a debate among the post-Keynesians. The article presents the main characteristics of the ITR and the post-Keynesian theory, aiming at highlighting the arguments involved in this debate. The main conclusion is that, although some authors claim that there is possible a compatibility between the ITR and the post-Keynesian theory, this theory is incompatible with the theoretical pillars that support the ITR.
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spelling CRITICAL EVALUATION OF THE INFLATION TARGETING REGIME FROM A POST-KEYNESIAN PERSPECTIVEANÁLISE DA EFETIVIDADE E DA RAZÃO ÓTIMA DO HEDGE DO BOI GORDO E DO CROSS-HEDGE DO BEZERRO NO ESTADO DE SÃO PAULO (2001 A 2010)Mercado futuroRisco de baseContratos futurosG13C32Q14Inflation targetingPost-Keynesian theory(In)compatibilityE52This article aims to analyze whether the inflation targeting regime (ITR) and the post-Keynesian theory are (or not) compatible. This subject became relevant, specially, due to the fact that recently some academic articles, based on a post-Keynesian approach, have conciliated this theory with ITR, raising, thus, a debate among the post-Keynesians. The article presents the main characteristics of the ITR and the post-Keynesian theory, aiming at highlighting the arguments involved in this debate. The main conclusion is that, although some authors claim that there is possible a compatibility between the ITR and the post-Keynesian theory, this theory is incompatible with the theoretical pillars that support the ITR.O trabalho tem por objetivo avaliar a efetividade de uma operação de hedge do boi gordo e de cross-hedge do bezerro no estado de São Paulo como forma de minimizar riscos, utilizando dados referentes ao período de 2001 a 2010. Para tanto, avaliou-se a possibilidade de utilização do mercado futuro da BM&F-Bovespa, através do uso de contratos futuros de boi gordo. Nesse sentido, foram estimados três modelos econométricos: o risco de base do preço para os criadores de boi gordo e de bezerro, a razão ótima de hedge e cross-hedge e a efetividade dos mesmos. Os resultados obtidos pelo primeiro modelo apontaram um risco muito mais elevado para o bezerro vis-à-vis ao do boi gordo. Quanto ao segundo modelo, verificou-se uma razão hedge elevada do boi gordo e uma extremamente baixa para o bezerro. Já para a efetividade, obteve-se um percentual de proteção considerado bom em relação ao boi gordo e baixo para o bezerro.UFRGS2013-09-06info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/2227710.22456/2176-5456.22277Análise Econômica; Vol. 31 No. 60 (2013): setembro de 2013Análise Econômica; v. 31 n. 60 (2013): setembro de 20132176-54560102-9924reponame:Análise Econômica (Online)instname:Universidade Federal do Rio Grande do Sul (UFRGS)instacron:UFRGSporhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/22277/26849Copyright (c) 2019 Análise Econômicainfo:eu-repo/semantics/openAccessFreitas, Clailton Ataídes deAlves, William Bottega2013-09-17T16:29:18Zoai:seer.ufrgs.br:article/22277Revistahttps://seer.ufrgs.br/index.php/AnaliseEconomicaPUBhttps://seer.ufrgs.br/index.php/AnaliseEconomica/oai||rae@ufrgs.br2176-54560102-9924opendoar:2013-09-17T16:29:18Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)false
dc.title.none.fl_str_mv CRITICAL EVALUATION OF THE INFLATION TARGETING REGIME FROM A POST-KEYNESIAN PERSPECTIVE
ANÁLISE DA EFETIVIDADE E DA RAZÃO ÓTIMA DO HEDGE DO BOI GORDO E DO CROSS-HEDGE DO BEZERRO NO ESTADO DE SÃO PAULO (2001 A 2010)
title CRITICAL EVALUATION OF THE INFLATION TARGETING REGIME FROM A POST-KEYNESIAN PERSPECTIVE
spellingShingle CRITICAL EVALUATION OF THE INFLATION TARGETING REGIME FROM A POST-KEYNESIAN PERSPECTIVE
Freitas, Clailton Ataídes de
Mercado futuro
Risco de base
Contratos futuros
G13
C32
Q14
Inflation targeting
Post-Keynesian theory
(In)compatibility
E52
title_short CRITICAL EVALUATION OF THE INFLATION TARGETING REGIME FROM A POST-KEYNESIAN PERSPECTIVE
title_full CRITICAL EVALUATION OF THE INFLATION TARGETING REGIME FROM A POST-KEYNESIAN PERSPECTIVE
title_fullStr CRITICAL EVALUATION OF THE INFLATION TARGETING REGIME FROM A POST-KEYNESIAN PERSPECTIVE
title_full_unstemmed CRITICAL EVALUATION OF THE INFLATION TARGETING REGIME FROM A POST-KEYNESIAN PERSPECTIVE
title_sort CRITICAL EVALUATION OF THE INFLATION TARGETING REGIME FROM A POST-KEYNESIAN PERSPECTIVE
author Freitas, Clailton Ataídes de
author_facet Freitas, Clailton Ataídes de
Alves, William Bottega
author_role author
author2 Alves, William Bottega
author2_role author
dc.contributor.author.fl_str_mv Freitas, Clailton Ataídes de
Alves, William Bottega
dc.subject.por.fl_str_mv Mercado futuro
Risco de base
Contratos futuros
G13
C32
Q14
Inflation targeting
Post-Keynesian theory
(In)compatibility
E52
topic Mercado futuro
Risco de base
Contratos futuros
G13
C32
Q14
Inflation targeting
Post-Keynesian theory
(In)compatibility
E52
description This article aims to analyze whether the inflation targeting regime (ITR) and the post-Keynesian theory are (or not) compatible. This subject became relevant, specially, due to the fact that recently some academic articles, based on a post-Keynesian approach, have conciliated this theory with ITR, raising, thus, a debate among the post-Keynesians. The article presents the main characteristics of the ITR and the post-Keynesian theory, aiming at highlighting the arguments involved in this debate. The main conclusion is that, although some authors claim that there is possible a compatibility between the ITR and the post-Keynesian theory, this theory is incompatible with the theoretical pillars that support the ITR.
publishDate 2013
dc.date.none.fl_str_mv 2013-09-06
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/22277
10.22456/2176-5456.22277
url https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/22277
identifier_str_mv 10.22456/2176-5456.22277
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/22277/26849
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. 31 No. 60 (2013): setembro de 2013
Análise Econômica; v. 31 n. 60 (2013): setembro de 2013
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
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