Behavior of the Brazilian Central Bank reaction function: an analysis for the inflation targeting period
: The reaction function of the Central bank expresses the preferences of the monetary authority with respect of deviations of his inflation target and the output gap. This paper evaluates the Brazilian Central Bank’s preferences and its changes during the inflation targeting period. The model of Cla...
| Main Authors: | , |
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| Format: | Article |
| Language: | Portuguese |
| Published: |
Universidade Federal de Santa Catarina
2013-12-01
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| Series: | Textos de Economia |
| Subjects: | |
| Online Access: | https://periodicos.ufsc.br/index.php/economia/article/view/36335 |