Transparency and inflation: What is the effect on the Brazilian economy?

► This paper shows empirical evidence on CB transparency in the Brazilian economy. ► Two indices of transparency (forward-looking and backward-looking) are developed. ► The findings denote that inflation expectations are well coordinated by the CBB. This paper presents empirical evidence concerning...

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Veröffentlicht in:	Economic systems 2013-03, Vol.37 (1), p.69-80
Hauptverfasser:	de Mendonça, Helder Ferreira, de Siqueira Galveas, Karine Alves
Format:	Artikel
Sprache:	eng
Schlagworte:	Analysis Central bank transparency Central banks Economic policy Economic theory Inflation Inflation targeting Monetary policy Phillips curve Studies
Online-Zugang:	Volltext
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