Lessons from the 20 years of the Brazilian inflation targeting regime
This paper analyzes the Brazilian experience with the inflation targeting regime (ITR) since its adoption in June 1999. The theoretical analysis starts by covering the New Consensus Macroeconomics (NCM) only policy, in which the ITR is the monetary policy recommendation. This discussion is...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Economists' Association of Vojvodina
2019-01-01
|
Series: | Panoeconomicus |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2019/1452-595X1901001A.pdf |