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Volumn 22, Issue 7, 2003, Pages 1015-1040

Inflation targeting in Brazil: Constructing credibility under exchange rate volatility

Author keywords

Brazil; Inflation targeting; Monetary policy

Indexed keywords


EID: 0346499069     PISSN: 02615606     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jimonfin.2003.09.008     Document Type: Article
Times cited : (113)

References (18)
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    • Clarida R. Galí J. Gertler M. Monetary policy rules and macroeconomic stability: evidence and some theory Quarterly Journal of Economics 115 1 2000 147-180
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    • Favero C.A. Giavazzi F. 2002 Why Are Brazil's Interest Rates so High? Working Paper Series No. 224, IGIER, Università Bocconi, July.
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    • Fraga A. Goldfajn I. Minella A. in press. Inflation targeting in emerging market economies. In: Gertler, M., Rogoff, K. (Eds.), NBER Macroeconomics Annual 2003, vol. 18. MIT Press, Cambridge, MA.
    • NBER Macroeconomics Annual 2003 , vol.18
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    • Notas Técnicas do Banco Central do Brasil No. 22, July. (English translation in: Banco Central do Brasil, 2002)
    • Freitas P.S. Minella A. Riella G. 2002 Metodologia de Cálculo da Inércia Inflacionária e dos Efeitos dos Choques dos Preços Administrados. Notas Técnicas do Banco Central do Brasil No. 22, July. (English translation in: Banco Central do Brasil, 2002. Inflation Report 4 (2), 123-128).
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  • 9
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    • The Pass-Through from Depreciation to Inflation: A Panel Study
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    • Goldfajn I. Werlang S.R.C. 2000 The Pass-Through from Depreciation to Inflation: A Panel Study. Working Paper Series No. 5, Central Bank of Brazil, July.
    • (2000)
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  • 11
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    • (1999)
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