Sobre as metas inflacionárias
Autor(a) principal: | |
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Data de Publicação: | 1999 |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Economia Aplicada |
Texto Completo: | https://www.revistas.usp.br/ecoa/article/view/218532 |
Resumo: | The present paper aims at giving an overview ofthe monetary framework presently known as inflation targets. It will be analyzed the historical context in which this framework first appeared, as well as its basic theoretical hypotheses as its differences from the classical regime ofmonetary targets. Next, we will discuss some practical aspects linked to the implementation and working ofinflation targets; for instance, the various forms of inflation measurements employed by the countries that adopt inflation targets. Special attention will be given to the model used by the English government. Finally, we will comment on some of the methodological problems faced by central banks that set targets on inflation, such as the uncertainty of their economic forecasts and the complex cause-effect relationships that hold among the economic variables. In the Brazilian case, a simple model of inflation under floating exchange rate and capital mobility will be outlined in order to stress the latter difficulties. |
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Economia Aplicada |
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Sobre as metas inflacionáriasinflation targetinguncertainmonetary policyThe present paper aims at giving an overview ofthe monetary framework presently known as inflation targets. It will be analyzed the historical context in which this framework first appeared, as well as its basic theoretical hypotheses as its differences from the classical regime ofmonetary targets. Next, we will discuss some practical aspects linked to the implementation and working ofinflation targets; for instance, the various forms of inflation measurements employed by the countries that adopt inflation targets. Special attention will be given to the model used by the English government. Finally, we will comment on some of the methodological problems faced by central banks that set targets on inflation, such as the uncertainty of their economic forecasts and the complex cause-effect relationships that hold among the economic variables. In the Brazilian case, a simple model of inflation under floating exchange rate and capital mobility will be outlined in order to stress the latter difficulties.Universidade de São Paulo, FEA-RP/USP1999-06-15info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://www.revistas.usp.br/ecoa/article/view/21853210.11606/1413-8050/ea218532Economia Aplicada; Vol. 3 Núm. 3 (1999); 357-382Economia Aplicada; Vol. 3 No. 3 (1999); 357-382Economia Aplicada; v. 3 n. 3 (1999); 357-3821980-53301413-8050reponame:Economia Aplicadainstname:Universidade de São Paulo (USP)instacron:USPporhttps://www.revistas.usp.br/ecoa/article/view/218532/199666Copyright (c) 1999 Economia Aplicadahttp://creativecommons.org/licenses/by-nc/4.0info:eu-repo/semantics/openAccessDelfim Netto, Antonio 2023-11-09T13:35:06Zoai:revistas.usp.br:article/218532Revistahttps://www.revistas.usp.br/ecoaPUBhttps://www.revistas.usp.br/ecoa/oai||revecap@usp.br1980-53301413-8050opendoar:2023-11-09T13:35:06Economia Aplicada - Universidade de São Paulo (USP)false |
dc.title.none.fl_str_mv |
Sobre as metas inflacionárias |
title |
Sobre as metas inflacionárias |
spellingShingle |
Sobre as metas inflacionárias Delfim Netto, Antonio inflation targeting uncertain monetary policy |
title_short |
Sobre as metas inflacionárias |
title_full |
Sobre as metas inflacionárias |
title_fullStr |
Sobre as metas inflacionárias |
title_full_unstemmed |
Sobre as metas inflacionárias |
title_sort |
Sobre as metas inflacionárias |
author |
Delfim Netto, Antonio |
author_facet |
Delfim Netto, Antonio |
author_role |
author |
dc.contributor.author.fl_str_mv |
Delfim Netto, Antonio |
dc.subject.por.fl_str_mv |
inflation targeting uncertain monetary policy |
topic |
inflation targeting uncertain monetary policy |
description |
The present paper aims at giving an overview ofthe monetary framework presently known as inflation targets. It will be analyzed the historical context in which this framework first appeared, as well as its basic theoretical hypotheses as its differences from the classical regime ofmonetary targets. Next, we will discuss some practical aspects linked to the implementation and working ofinflation targets; for instance, the various forms of inflation measurements employed by the countries that adopt inflation targets. Special attention will be given to the model used by the English government. Finally, we will comment on some of the methodological problems faced by central banks that set targets on inflation, such as the uncertainty of their economic forecasts and the complex cause-effect relationships that hold among the economic variables. In the Brazilian case, a simple model of inflation under floating exchange rate and capital mobility will be outlined in order to stress the latter difficulties. |
publishDate |
1999 |
dc.date.none.fl_str_mv |
1999-06-15 |
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://www.revistas.usp.br/ecoa/article/view/218532 10.11606/1413-8050/ea218532 |
url |
https://www.revistas.usp.br/ecoa/article/view/218532 |
identifier_str_mv |
10.11606/1413-8050/ea218532 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://www.revistas.usp.br/ecoa/article/view/218532/199666 |
dc.rights.driver.fl_str_mv |
Copyright (c) 1999 Economia Aplicada http://creativecommons.org/licenses/by-nc/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 1999 Economia Aplicada http://creativecommons.org/licenses/by-nc/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade de São Paulo, FEA-RP/USP |
publisher.none.fl_str_mv |
Universidade de São Paulo, FEA-RP/USP |
dc.source.none.fl_str_mv |
Economia Aplicada; Vol. 3 Núm. 3 (1999); 357-382 Economia Aplicada; Vol. 3 No. 3 (1999); 357-382 Economia Aplicada; v. 3 n. 3 (1999); 357-382 1980-5330 1413-8050 reponame:Economia Aplicada instname:Universidade de São Paulo (USP) instacron:USP |
instname_str |
Universidade de São Paulo (USP) |
instacron_str |
USP |
institution |
USP |
reponame_str |
Economia Aplicada |
collection |
Economia Aplicada |
repository.name.fl_str_mv |
Economia Aplicada - Universidade de São Paulo (USP) |
repository.mail.fl_str_mv |
||revecap@usp.br |
_version_ |
1800221693156786177 |